Windward Fund

Analysis

Windward Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2015, 11 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, Windward Fund reported income of $212.4m and spending of $211.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $44.4m to $212.4m (+378%), an average of +48% a year. The sharpest change came in the year to December 2020, when income rose by 257%. Over the whole period it spent 69% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Windward Fund sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within DC. Charities of a similar size with the same main cause include Climate Imperative Foundation ($206.7m), Energy Trust of Oregon Inc ($222.7m) and Natural Resources Defense Council Inc ($193.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $183k (0.1% of expenses). Other salaries and wages came to $15.2m. It paid $423k in professional fundraising fees. At year end it held assets of $355.5m against liabilities of $92.9m, net assets of $262.6m. It reported 136 employees.