North American Gas Heat Pump Collaborative

Analysis

North American Gas Heat Pump Collaborative is a registered charity in United States, based in Half Moon Bay, CA. It received its IRS tax-exemption ruling in February 2024, 2 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, North American Gas Heat Pump Collaborative reported income of $1.0m and spending of $708k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $684k to $1.0m (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 65% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, North American Gas Heat Pump Collaborative sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Southern Appalachian Wilderness Stewards ($1.0m), Iowa Valley Resource Conservation & Development ($1.0m) and Mahoosuc Land Trust Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $699k against liabilities of $50k, net assets of $649k.