Carbon Tracker Initiative Inc

Analysis

Carbon Tracker Initiative Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in June 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, Carbon Tracker Initiative Inc reported income of $1.5m and spending of $1.4m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $743k to $1.5m (+101%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 52%. Over the whole period it spent 96% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Carbon Tracker Initiative Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Native Seeds Southwestrn Endangered Aridland Resources Clearing House ($1.5m), Friends of Mill Ridge Park ($1.5m) and Community Power ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $245k (17% of expenses). Other salaries and wages came to $567k. At year end it held assets of $296k against liabilities of $86k, net assets of $210k. It reported 7 employees.