Marine Stewardship Council

Analysis

Marine Stewardship Council is a registered charity in United States, based in United Kingdom. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending March 2023, Marine Stewardship Council reported income of $33.6m and spending of $31.0m, spending 92% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $29.5m to $33.6m (+14%), an average of +3.3% a year. Over the whole period it spent 91% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Marine Stewardship Council sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include Sunrise Project Inc ($33.3m), Western Pennsylvania Conservancy ($34.5m) and Serc Reliability Corporation ($33.2m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 66% of the total. Compensation of current officers, directors and key employees was $1.3m (4.1% of expenses). Other salaries and wages came to $8.8m. At year end it held assets of $55.0m against liabilities of $3.3m, net assets of $51.7m.