Emission Reduction Credit Corporation of the Gulf Coast

Analysis

Emission Reduction Credit Corporation of the Gulf Coast is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 1995, 31 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 March 2024, Emission Reduction Credit Corporation of the Gulf Coast reported income of $384k and spending of $32k, leaving 92% of income unspent that year. Across the 6 years on record, from March 2019 to March 2024, income fell from $3.8m to $384k (-90%), an average of -37% a year. The sharpest change came in the year to March 2022, when income rose by 140%. Over the whole period it spent 79% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Emission Reduction Credit Corporation of the Gulf Coast sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Spokane Riverkeeper ($384k), Mltpa Foundation ($384k) and Farmington Land Trust Inc ($384k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $1.2m against liabilities of $15k, net assets of $1.1m.