Ocean Conservancy Inc: $48.6M Revenue, $51.9M Expenses
Washington, District of Columbia · EIN 237245152 · Filing year 2023
Ocean Conservancy Inc reported $48.6M in total revenue, $51.9M in total expenses, and $96.1M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $2.4M (4.98% of revenue). NonprofitTruth efficiency grade: B (65/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $48.6M
- Total Expenses
- $51.9M
- Total Assets
- $96.1M
- Reserve Months
- 22.2 months
- Surplus / (Deficit)
- $-3,259,027
- EIN
- 237245152
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $2.4M
- Officer Comp % of Revenue
- 4.98%
The efficiency rubric puts Ocean Conservancy Inc at a B grade: a composite of 65/100 that lands above the national midpoint. The grade reflects solid financial reserves alongside reasonable officer compensation and steady revenue.
Ocean Conservancy Inc reported $48.6M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. Financial health is a strength: Ocean Conservancy Inc carries a healthy operating-reserve cushion against $51.9M in annual expenses, the kind of balance-sheet stability that helps an organization weather funding gaps without cutting programs.
Five-year revenue trajectory is strongly positive: Ocean Conservancy Inc has grown materially in real terms, which usually signals successful fundraising and program expansion. Officer compensation is on the higher side of the band typical for nonprofits this size: $2.4M in total current-officer compensation against $48.6M in revenue. Not necessarily inappropriate — large healthcare systems and university systems often pay competitively with for-profit equivalents — but worth reading in context. Ocean Conservancy Inc works in Environment & Animals — environmental, conservation, animal-welfare, and natural-resources programs. The sector spans large international conservation groups and small local land trusts; the financial profile varies accordingly.
How Ocean Conservancy Inc Compares
Ocean Conservancy Inc earns a NonprofitTruth efficiency grade of B (65/100). That is 2 points above the Environment & Animals category average. Compensation for current officers and key employees represents 4.98% of total revenue. The organization holds 22.2 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Ocean Conservancy Inc reported $48.6M in revenue against $51.9M in total functional expenses for filing year 2023, holding roughly 22.2 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $2.4M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 4.98% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Ocean Conservancy Inc has a NonprofitTruth Efficiency Score of B (65/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Ocean Conservancy Inc, Donor FAQ
Ocean Conservancy Inc has a NonprofitTruth Efficiency Score of B (65/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Ocean Conservancy Inc reports $2.4M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 4.98% of the organization's $48.6M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
Ocean Conservancy Inc reported $48.6M in annual revenue and $51.9M in total expenses for filing year 2023. The organization holds $96.1M in total assets.
Ocean Conservancy Inc holds approximately 22.2 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its B efficiency grade.
Ocean Conservancy Inc is a registered 501(c) organization with EIN 237245152, based in Washington, District of Columbia. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Environment & Animals Nonprofits
Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.