350 Org

Analysis

350 Org is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in June 2008, 18 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 September 2023, 350 Org reported income of $19.6m and spending of $21.7m, spending 111% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $15.0m to $19.6m (+31%), an average of +6.9% a year. The sharpest change came in the year to September 2020, when income rose by 68%. Over the whole period it spent 100% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, 350 Org sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include United States Endowment Forforestry and Communities Inc ($19.5m), Parks and Wildlife Foundation of Texas Inc ($19.7m) and Water Foundation ($19.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $435k (2.0% of expenses). Other salaries and wages came to $9.7m. It paid $338k in professional fundraising fees. At year end it held assets of $14.9m against liabilities of $1.9m, net assets of $13.0m. It reported 37 employees.