Cradle to Cradle Products Innovation Institute Inc

Analysis

Cradle to Cradle Products Innovation Institute Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in December 2010, 16 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cradle to Cradle Products Innovation Institute Inc reported income of $3.6m and spending of $4.9m, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $3.6m (+39%), an average of +8.7% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cradle to Cradle Products Innovation Institute Inc 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 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Saint Josephs Home of Our Lady of Mt Carmel Inc ($3.6m), Sierra Nevada Academy Charter School ($3.6m) and Lake County Council on Aging ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $4.3m against liabilities of $6.4m, net assets of -$2.2m. It reported 10 employees.