Climate Action Reserve

Analysis

Climate Action Reserve is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 2001, 25 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 June 2023, Climate Action Reserve reported income of $4.8m and spending of $4.7m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $4.8m (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2020, when income rose by 33%. Over the whole period it spent 95% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Climate Action Reserve sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Delridge Neighborhoods Development Association ($4.8m), Climate Emergency Fund ($4.8m) and Community Water Center ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $440k (9.4% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $11.3m against liabilities of $7.9m, net assets of $3.4m. It reported 25 employees.