Western Climate Initiative Inc

Analysis

Western Climate Initiative Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in December 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, Western Climate Initiative Inc reported income of $9.4m and spending of $4.7m, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $9.4m (+185%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 127%. Over the whole period it spent 53% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Western Climate Initiative Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Riverlife ($9.4m), Islandwood ($9.5m) and Rainforest Foundation Inc ($9.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $257k (5.4% of expenses). Other salaries and wages came to $985k. At year end it held assets of $25.8m against liabilities of $2.8m, net assets of $23.0m. It reported 21 employees.