Sustainable Forestry Initiative Inc
Analysis
Sustainable Forestry Initiative Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Sustainable Forestry Initiative Inc reported income of $13.1m and spending of $13.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.9m to $13.1m (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 99% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Sustainable Forestry Initiative Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 90th percentile within DC. Charities of a similar size with the same main cause include McKenzie River Trust ($13.0m), Shelterwood Collective ($13.2m) and Trees for the Future Inc ($13.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.1% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $1.5m (11% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $13.6m against liabilities of $3.3m, net assets of $10.3m. It reported 59 employees.
Income and spending
Where the income comes from
- Contributions & grants 5.1%
- Program services 92%
- Other 2.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| McKenzie River Trust | Eugene | $13.0m |
| Shelterwood Collective | Cazadero | $13.2m |
| Trees for the Future Inc | Silver Spring | $13.0m |
| Buzzards Bay Coalition Inc | New Bedford | $13.2m |