Chesapeake Climate Action Network

Analysis

Chesapeake Climate Action Network is a registered charity in United States, based in Takoma Park, MD. It received its IRS tax-exemption ruling in June 2004, 22 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), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Chesapeake Climate Action Network reported income of $2.5m and spending of $2.5m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.5m (+52%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 53%. Over the whole period it spent 87% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Chesapeake Climate Action Network sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MD. Charities of a similar size with the same main cause include Alabama Forestry Foundation ($2.5m), Smart Surfaces Coalition ($2.5m) and Oregon Environmental Council Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $413k (16% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.7m against liabilities of $155k, net assets of $2.5m. It reported 38 employees.