The Foundation for Natural Resources and Energy Law

Analysis

The Foundation for Natural Resources and Energy Law is a registered charity in United States, based in Broomfield, CO. It received its IRS tax-exemption ruling in March 1959, 67 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, The Foundation for Natural Resources and Energy Law reported income of $3.2m and spending of $3.2m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.8m to $3.2m (-33%), an average of -9.4% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 75% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, The Foundation for Natural Resources and Energy Law sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CO. Charities of a similar size with the same main cause include Finger Lakes Reuse Inc ($3.2m), Green Forests Work Inc ($3.2m) and Tahoe Fund ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $310k (9.7% of expenses). Other salaries and wages came to $767k. At year end it held assets of $23.4m against liabilities of $0, net assets of $23.4m. It reported 12 employees.