1 for the Planet Inc

Analysis

1 for the Planet Inc is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in April 2006, 20 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 for the Planet Inc reported income of $7.6m and spending of $7.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $7.6m (+159%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 84% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, 1 for the Planet Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within VT. Charities of a similar size with the same main cause include Trees Atlanta Inc ($7.5m), Center for Climate Integrity ($7.6m) and James River Association ($7.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $341k (4.6% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $10.3m against liabilities of $5.1m, net assets of $5.2m. It reported 57 employees.