Sima Environmental Fund

Analysis

Sima Environmental Fund is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sima Environmental Fund reported income of $569k and spending of $589k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $570k to $569k (-0.2%), an average of +-0.0% a year. The sharpest change came in the year to December 2021, when income rose by 301%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sima Environmental Fund sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Care for Life Inc ($569k), Infinite Strength Inc ($569k) and Down Syndrome Alliance of the Midlands ($569k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $67k against liabilities of $1,040, net assets of $66k.