Center for Climate and Energy Solutions Inc

Analysis

Center for Climate and Energy Solutions Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1998, 28 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 March 2023, Center for Climate and Energy Solutions Inc reported income of $23.1m and spending of $8.4m, leaving 64% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income grew from $4.3m to $23.1m (+442%), an average of +76% a year. The sharpest change came in the year to March 2023, when income rose by 215%. Over the whole period it spent 62% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Center for Climate and Energy Solutions Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 94th percentile within DC. Charities of a similar size with the same main cause include Building Decarbonization Coalition ($23.0m), Grid Alternatives ($23.1m) and Scenic Hudson Inc ($22.8m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 96% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $1.2m (15% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $21.7m against liabilities of $3.4m, net assets of $18.3m. It reported 33 employees.