1 Percent for Open Space Inc

Analysis

1 Percent for Open Space Inc is a registered charity in United States, based in Crested Butte, CO. It received its IRS tax-exemption ruling in July 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 December 2023, 1 Percent for Open Space Inc reported income of $87k and spending of $40k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $87k (+13%), an average of +13% a year. Over the whole period it spent 131% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, 1 Percent for Open Space Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 29th percentile within CO. Charities of a similar size with the same main cause include Fishing Education Foundation ($87k), National Waterways Foundation ($87k) and Arlington Garden in Pasadena ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $206k against liabilities of $3,625, net assets of $203k.