Ecolibrium3

Analysis

Ecolibrium3 is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in September 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 September 2023, Ecolibrium3 reported income of $852k and spending of $892k, spending 105% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $760k to $852k (+12%), an average of +2.9% a year. The sharpest change came in the year to September 2021, when income dropped by 23%. 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, Ecolibrium3 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 77th percentile, and in the 76th percentile within MN. Charities of a similar size with the same main cause include Hitchcock Woods Foundation ($851k), Coalition for Urban-Rural Environmental Stewardship ($852k) and Friends of Macarthur Beach State Park Inc ($850k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $99k (11% of expenses). Other salaries and wages came to $416k. At year end it held assets of $1.2m against liabilities of $588k, net assets of $650k. It reported 9 employees.