Carbon Fund

Analysis

Carbon Fund is a registered charity in United States, based in Stoneville, MS. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Carbon Fund reported income of $112k and spending of $46k, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $85k to $112k (+32%), an average of +7.3% a year. The sharpest change came in the year to December 2022, when income dropped by 101%. Over the whole period it spent 14% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Carbon Fund sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within MS. Charities of a similar size with the same main cause include Marin Museum Society Inc ($112k), Education Francaise Los Angeles ($112k) and Abbeville Historical Preservation Commission ($112k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 3.2% of the total. Other salaries and wages came to $16k. At year end it held assets of $968k against liabilities of $364k, net assets of $604k.