Cleantech Partners Inc

Analysis

Cleantech Partners Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in September 2004, 22 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, Cleantech Partners Inc reported income of $2.1m and spending of $1.7m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.1m (+1.6%), an average of +0.4% a year. The sharpest change came in the year to December 2020, when income dropped by 24%. Over the whole period it spent 89% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Cleantech Partners Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within WI. Charities of a similar size with the same main cause include Coalition for Sustainable Initiatives ($2.1m), Vermont Natural Resources Council Inc ($2.1m) and Abraham Lincoln Memorial Garden Foundation ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $352k (21% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $8.8m against liabilities of $1.6m, net assets of $7.3m. It reported 17 employees.