Golden State Natural Resources

Analysis

Golden State Natural Resources is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Golden State Natural Resources reported income of $502k and spending of $3.0m, spending 608% of what it took in. The sharpest change came in the year to December 2023, when income rose by 161%. Over the whole period it spent 849% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Golden State Natural Resources sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Wings Over Wisconsin Inc ($502k), Lake McMurtry Friends Inc ($502k) and Idaho Rivers United Inc ($501k).

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 $103k (3.4% of expenses). Other salaries and wages came to $68k. At year end it held assets of $2.5m against liabilities of $10.3m, net assets of -$7.8m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.