Climate Foundation

Analysis

Climate Foundation is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in January 2009, 17 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 January 2024, Climate Foundation reported income of $1.6m and spending of $1.0m, leaving 33% of income unspent that year. Across the 5 years on record, from January 2020 to January 2024, income grew from $1.2m to $1.6m (+27%), an average of +6.1% a year. The sharpest change came in the year to January 2024, when income rose by 24%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Climate Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within OR. Charities of a similar size with the same main cause include Bonita Wonder Gardens Inc ($1.6m), Ukrainian American Youth Association Inc ($1.6m) and West Lake Art Conservation Center Inc ($1.6m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 55% of the total. Compensation of current officers, directors and key employees was $320k (31% of expenses). At year end it held assets of $3.0m against liabilities of $1.3m, net assets of $1.7m. It reported 2 employees.