Carbon Offsets to Alleviate Poverty

Analysis

Carbon Offsets to Alleviate Poverty is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in July 2011, 15 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 2022, Carbon Offsets to Alleviate Poverty reported income of $360k and spending of $410k, spending 114% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $211k to $360k (+71%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 107%. Over the whole period it spent 97% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Carbon Offsets to Alleviate Poverty sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Keep North Fulton Beautiful Inc ($360k), Wichita Park and Recreation Community Fund ($361k) and Vibe Tribe Adventures ($360k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (16% of expenses). At year end it held assets of $291k against liabilities of $223k, net assets of $68k. It reported 1 employees.