Arctic Exploration Fund Inc

Analysis

Arctic Exploration Fund Inc is a registered charity in United States, based in Chatsworth, CA. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Arctic Exploration Fund Inc reported income of $862k and spending of $609k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $16k to $862k (+5205%), an average of +628% a year. The sharpest change came in the year to December 2022, when income rose by 787%. Over the whole period it spent 67% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Arctic Exploration Fund Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Civilization Works ($860k), Chesapeake Wildlife Heritage Inc ($863k) and Solid Waste Training Institute ($859k).

At year end it held assets of $0 against liabilities of $0, net assets of $0.