California Foundation on the Environment and the Economy

Analysis

California Foundation on the Environment and the Economy is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in July 1979, 47 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, California Foundation on the Environment and the Economy reported income of $2.8m and spending of $2.5m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.8m (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 90% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, California Foundation on the Environment and the Economy sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include People for Open Space Inc ($2.8m), Starworks ($2.8m) and Center for Land-Based Learning ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $342k (14% of expenses). Other salaries and wages came to $404k. At year end it held assets of $3.6m against liabilities of $353k, net assets of $3.2m. It reported 5 employees.