Mt Adams Institute
Analysis
Mt Adams Institute is a registered charity in United States, based in Trout Lake, WA. It received its IRS tax-exemption ruling in November 2012, 14 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, Mt Adams Institute reported income of $2.4m and spending of $2.3m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.4m (+66%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 96% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Mt Adams Institute 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 88th percentile within WA. Charities of a similar size with the same main cause include Northwest Watershed Institute ($2.4m), California Environmental Voters Education Fund ($2.4m) and North Branch Land Trust ($2.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $103k (4.5% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $999k against liabilities of $178k, net assets of $821k. It reported 85 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 2.1%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Northwest Watershed Institute | Port Townsend | $2.4m |
| California Environmental Voters Education Fund | Oakland | $2.4m |
| North Branch Land Trust | Dallas | $2.4m |
| Alliance for Affordable Energy | New Orleans | $2.4m |