Project Drawdown

Analysis

Project Drawdown is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Project Drawdown reported income of $5.3m and spending of $5.1m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $5.3m (+193%), an average of +31% a year. The sharpest change came in the year to December 2020, when income rose by 214%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Project Drawdown sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within MN. Charities of a similar size with the same main cause include Jcfa ($5.3m), Lincoln-Uinta Child Development Association Incorporated ($5.3m) and Camden Education Fund Inc ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 7.4% of the total. Compensation of current officers, directors and key employees was $1.4m (27% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $4.6m against liabilities of $206k, net assets of $4.4m. It reported 29 employees.