Climate First Replacing Oil & Gas

Analysis

Climate First Replacing Oil & Gas is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Climate First Replacing Oil & Gas reported income of $186k and spending of $277k, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $305k to $186k (-39%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 76% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Climate First Replacing Oil & Gas sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Winnie Palmer Nature Reserve ($185k), Philly Thrive ($186k) and The Adirondack Forty-Sixers Inc ($185k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $498k against liabilities of $11k, net assets of $487k.