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Conservation organizations often adopt the normative value of “whole community” participation, predicated on the idea that broad community involvement across categories of identity and social stratification will lead to more successful project outcomes. Analysis of intra-community social stratifications in relation to participation in conservation is important to the pursuit of environmental justice as well as improved efficacy of a given conservation intervention. While a large body of literature broadly examines intra and inter-community dynamics in relation to community-based conservation, few have specifically quantified how wealth influences one’s participation in community-based conservation initiatives, especially in the marine realm. To address these questions, we interviewed people living near marine conservation initiatives in Madagascar. Using a principle component analysis, we created an asset-based …