Grist Magazine Inc

Analysis

Grist Magazine Inc is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 2003, 23 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 September 2023, Grist Magazine Inc reported income of $8.6m and spending of $8.9m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $11.8m to $8.6m (-27%), an average of -7.7% a year. The sharpest change came in the year to September 2021, when income rose by 151%. Over the whole period it spent 83% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Grist Magazine Inc sits at the 97th 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 95th percentile within WA. Charities of a similar size with the same main cause include Green Education Foundation ($8.5m), Quail Gardens Foundation Inc ($8.6m) and Los Angeles Arboretum Foundation Inc ($8.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $1.1m (12% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $10.3m against liabilities of $758k, net assets of $9.5m. It reported 83 employees.