Zero Emissions Transit

Analysis

Zero Emissions Transit is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Zero Emissions Transit reported income of $1.3m and spending of $1.0m, leaving 23% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $655k to $1.3m (+106%), an average of +106% a year. The sharpest change came in the year to June 2024, when income rose by 106%. Over the whole period it spent 80% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Zero Emissions Transit sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Texas Recreation & Park Society ($1.3m), Loon Preservation Committee ($1.3m) and Georgia Water and Wastewater Institute Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $460k against liabilities of $66k, net assets of $393k.