Earth Innovation Institute

Analysis

Earth Innovation Institute is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Earth Innovation Institute reported income of $4.9m and spending of $2.8m, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $4.9m (+68%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 125% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Earth Innovation Institute sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Grand Traverse Regional Community Foundation ($4.9m), Boston Bruins Charitable Foundation Inc ($4.9m) and Groundswell Charitable Foundation ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $355k (12% of expenses). Other salaries and wages came to $466k. At year end it held assets of $2.6m against liabilities of $273k, net assets of $2.3m. It reported 11 employees.