Climate Generation

Analysis

Climate Generation is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Climate Generation reported income of $1.3m and spending of $1.7m, spending 128% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.0m to $1.3m (+26%), an average of +5.9% a year. The sharpest change came in the year to August 2021, when income rose by 51%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Climate Generation 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 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Mechanics Local 701 Training Fund ($1.3m), Skilled Nation Inc ($1.3m) and Lanse Creuse High School Central Band Boosters Inc ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 101% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $117k (6.9% of expenses). Other salaries and wages came to $880k. At year end it held assets of $1.5m against liabilities of $317k, net assets of $1.2m. It reported 21 employees.