Grid Alternatives

Analysis

Grid Alternatives is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in May 2014, 12 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 2022, Grid Alternatives reported income of $23.1m and spending of $34.0m, spending 147% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income grew from $16.8m to $23.1m (+37%), an average of +8.3% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 106% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Grid Alternatives sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Center for Climate and Energy Solutions Inc ($23.1m), Minnesota Landscape Arboretum Foundation ($23.2m) and Building Decarbonization Coalition ($23.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $393k (1.2% of expenses). Other salaries and wages came to $11.3m. At year end it held assets of $33.3m against liabilities of $26.4m, net assets of $6.9m. It reported 227 employees.