Oceana Inc: $46.5M Revenue, $45.5M Expenses

Oceana Inc grades a B on the NonprofitTruth efficiency rubric. 67/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

Oceana Inc reported $46.5M 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: Oceana Inc carries a healthy operating-reserve cushion against $45.5M in annual expenses, the kind of balance-sheet stability that helps an organization weather funding gaps without cutting programs.

Revenue trend is mildly positive across the five-year filing window — modest growth, consistent with stable funding sources keeping pace with organizational costs. Officer compensation is on the higher side of the band typical for nonprofits this size: $2.5M in total current-officer compensation against $46.5M in revenue. Not necessarily inappropriate — large healthcare systems and university systems often pay competitively with for-profit equivalents — but worth reading in context. Oceana 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.