Environmental Initiative

Analysis

Environmental Initiative is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 1992, 34 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, Environmental Initiative reported income of $4.6m and spending of $5.2m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $4.6m (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 99% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Environmental Initiative 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 91st percentile within MN. Charities of a similar size with the same main cause include Future Fund Endowment Inc ($4.6m), The Garden Club of America ($4.6m) and Community Environmental Council Inc ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $270k (5.2% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.1m against liabilities of $1.2m, net assets of $1.9m. It reported 24 employees.