Grid Alternatives

Analysis

Grid Alternatives is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in May 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, Grid Alternatives reported income of $43.8m and spending of $44.9m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $32.8m to $43.8m (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 101% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Grid Alternatives sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Ceres Inc ($43.5m), Great Basin Institute ($44.2m) and Global Greengrants Fund Inc ($42.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $1.4m (3.2% of expenses). Other salaries and wages came to $15.0m. At year end it held assets of $40.7m against liabilities of $31.7m, net assets of $9.0m. It reported 374 employees.