Eco-Logic Development Fund

Analysis

Eco-Logic Development Fund is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in May 1993, 33 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 December 2023, Eco-Logic Development Fund reported income of $1.1m and spending of $1.0m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $404k to $1.1m (+166%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 117%. Over the whole period it spent 102% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Eco-Logic Development Fund sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Coalition of Oregon Land Trusts ($1.1m), Bolsa Chica Conservancy ($1.1m) and New Jersey Clean Communities ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $118k (12% of expenses). At year end it held assets of $523k against liabilities of $16k, net assets of $507k. It reported 1 employees.