Friends of Ballona Wetlands

Analysis

Friends of Ballona Wetlands is a registered charity in United States, based in Playa Del Rey, CA. It received its IRS tax-exemption ruling in August 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Ballona Wetlands reported income of $913k and spending of $846k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $631k to $913k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Ballona Wetlands sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Passaic County Community College Foundation ($913k), Tallahassee Senior Citizens Foundation Inc Old Armory BLDG ($913k) and Hospice of Pamlico County Inc ($912k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $108k (13% of expenses). At year end it held assets of $1.1m against liabilities of $15k, net assets of $1.1m. It reported 10 employees.