Global Energy Monitor

Analysis

Global Energy Monitor is a registered charity in United States, based in Covina, CA. 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 (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, Global Energy Monitor reported income of $9.3m and spending of $8.3m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $9.3m (+692%), an average of +68% a year. The sharpest change came in the year to December 2021, when income rose by 235%. Over the whole period it spent 80% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Global Energy Monitor sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Forth ($9.3m), Strategic Energy Innovations ($9.3m) and Feather River Land Trust ($9.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $356k (4.3% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $5.9m against liabilities of $773k, net assets of $5.1m. It reported 70 employees.