Reef Check Foundation

Analysis

Reef Check Foundation is a registered charity in United States, based in Westlake Village, CA. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Reef Check Foundation reported income of $1.4m and spending of $1.6m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $980k to $1.4m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 103% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Reef Check Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include The Center for Energy Education ($1.4m), Terracorps Inc ($1.4m) and Florida Water Resources Conference Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $126k (7.7% of expenses). Other salaries and wages came to $725k. At year end it held assets of $298k against liabilities of $255k, net assets of $43k. It reported 18 employees.