Red Cloud Renewable

Analysis

Red Cloud Renewable is a registered charity in United States, based in Pine Ridge, SD. It received its IRS tax-exemption ruling in June 2017, 9 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, Red Cloud Renewable reported income of $2.8m and spending of $1.4m, leaving 49% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $607k to $2.8m (+357%), an average of +114% a year. The sharpest change came in the year to December 2023, when income rose by 152%. Over the whole period it spent 51% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Red Cloud Renewable sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within SD. Charities of a similar size with the same main cause include Summit Metro Parks Foundation ($2.8m), Playa Lakes Joint Venture ($2.8m) and Friends of the Wissahickon Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $109k (7.7% of expenses). Other salaries and wages came to $226k. It paid $26k in professional fundraising fees. At year end it held assets of $2.5m against liabilities of $206k, net assets of $2.3m. It reported 30 employees.