Climate Solutions Foundation Inc

Analysis

Climate Solutions Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 2022, Climate Solutions Foundation Inc reported income of $747k and spending of $652k, spending 87% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $567k to $747k (+32%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Climate Solutions Foundation Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 50th percentile within DC. Charities of a similar size with the same main cause include Oromia 11 ($747k), Wambli Ska Society ($747k) and Washington Revels Inc ($746k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $33k. It paid $62k in professional fundraising fees. At year end it held assets of $585k against liabilities of $52k, net assets of $532k.