Arctic Ice Project

Analysis

Arctic Ice Project is a registered charity in United States, based in Menlo Park, CA. It received its IRS tax-exemption ruling in March 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 December 2023, Arctic Ice Project reported income of $1.1m and spending of $1.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.1m (+4.9%), an average of +1.2% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 96% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Arctic Ice Project sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Swan Valley Connections ($1.1m), Lyme Land Conservation Trust Inc ($1.1m) and Crag Law Center ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $220k (20% of expenses). Other salaries and wages came to $93k. At year end it held assets of $694k against liabilities of $6,605, net assets of $688k. It reported 4 employees.