Regional Greenhouse Gas Initiative Inc

Analysis

Regional Greenhouse Gas Initiative Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2008, 18 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, Regional Greenhouse Gas Initiative Inc reported income of $2.4m and spending of $2.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.4m (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 100% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Regional Greenhouse Gas Initiative Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include The Schuylkill Center for Environmental Education ($2.4m), The Lamb Center ($2.4m) and Environmental Research Center Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $262k (11% of expenses). Other salaries and wages came to $459k. At year end it held assets of $2.1m against liabilities of $2.1m, net assets of $63k. It reported 6 employees.