Fibershed

Analysis

Fibershed is a registered charity in United States, based in San Geronimo, CA. It received its IRS tax-exemption ruling in April 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, Fibershed reported income of $1.9m and spending of $1.8m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.9m (+71%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 88% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Fibershed sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include The Alliance for Collective Action ($1.9m), Alaska Community Action on Toxics ($1.9m) and Talent Collective DSM ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $90k (5.1% of expenses). Other salaries and wages came to $309k. At year end it held assets of $1.4m against liabilities of $74k, net assets of $1.3m. It reported 10 employees.