Cool Earth Action USA Inc

Analysis

Cool Earth Action USA Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2014, 12 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 January 2024, Cool Earth Action USA Inc reported income of $1.2m and spending of $1.2m, spending 99% of its income. Across the 6 years on record, from January 2018 to January 2024, income grew from $338k to $1.2m (+266%), an average of +30% a year. The sharpest change came in the year to January 2020, when income rose by 206%. Over the whole period it spent 60% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Cool Earth Action USA Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Upper Neuse River Basin Association Inc ($1.2m), Fabscrap Inc ($1.2m) and Westport River Watershed Alliance Inc ($1.2m).

On its Form 990 for the period ending January 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m.