Phase 2 Expanded Trust

Analysis

Phase 2 Expanded Trust is a registered charity in United States, based in Navajo, NM. It received its IRS tax-exemption ruling in September 2021, 5 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, Phase 2 Expanded Trust reported income of $4.8m and spending of $2.4m, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $58k to $4.8m (+8115%), an average of +201% a year. The sharpest change came in the year to December 2022, when income rose by 74435%. Over the whole period it spent 56% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Phase 2 Expanded Trust 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 94th percentile within NM. Charities of a similar size with the same main cause include Climate Emergency Fund ($4.8m), Island Press ($4.8m) and Climate Action Reserve ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $329k (14% of expenses). Other salaries and wages came to $48k. At year end it held assets of $16.7m against liabilities of $393k, net assets of $16.3m. It reported 3 employees.