Nia Tero Foundation

Analysis

Nia Tero Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 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 (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, Nia Tero Foundation reported income of $26.2m and spending of $43.1m, spending 165% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $26.2m (+695%), an average of +68% a year. The sharpest change came in the year to December 2021, when income rose by 296%. Over the whole period it spent 187% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Nia Tero Foundation 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 98th percentile, and in the 98th percentile within WA. Charities of a similar size with the same main cause include Fairmount Park Conservancy ($26.1m), Clasp ($26.3m) and Natural Lands Trust Incorporated ($25.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $1.9m (4.4% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $91.2m against liabilities of $7.4m, net assets of $83.8m. It reported 46 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.