Earthwatch Institute Inc

Analysis

Earthwatch Institute Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in April 1972, 54 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Earthwatch Institute Inc reported income of $3.7m and spending of $5.3m, spending 141% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $6.5m to $3.7m (-42%), an average of -13% a year. The sharpest change came in the year to September 2023, when income dropped by 28%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Earthwatch Institute Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Get Lit Words Ignite Inc ($3.7m), Sacramento Ballet Association ($3.8m) and Edventure Inc ($3.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $222k (4.2% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $5.5m against liabilities of $1.6m, net assets of $3.9m. It reported 47 employees.