Climate Policy Initiative Inc

Analysis

Climate Policy Initiative Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 2009, 17 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 2023, Climate Policy Initiative Inc reported income of $20.8m and spending of $14.0m, leaving 33% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $14.3m to $20.8m (+45%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 76% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Climate Policy Initiative Inc 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 97th percentile within CA. Charities of a similar size with the same main cause include Montgomery County Green Bank Corp ($20.8m), National Recreation & Park Association ($20.8m) and Hermann Park Conservancy ($20.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $1.5m (11% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $34.1m against liabilities of $1.5m, net assets of $32.6m. It reported 46 employees.