Apparel Impact Institute

Analysis

Apparel Impact Institute is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in November 2014, 12 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, Apparel Impact Institute reported income of $11.5m and spending of $9.2m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $11.5m (+885%), an average of +77% a year. The sharpest change came in the year to December 2022, when income rose by 178%. Over the whole period it spent 80% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Apparel Impact Institute 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 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Conservation Corps ($11.5m), Smart Growth America ($11.5m) and Redford Center Inc ($11.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $309k (3.4% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $12.3m against liabilities of $6.8m, net assets of $5.5m. It reported 9 employees.