Clean Energy Transition Institute

Analysis

Clean Energy Transition Institute is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Clean Energy Transition Institute reported income of $950k and spending of $1.0m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $413k to $950k (+130%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 140%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clean Energy Transition Institute sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within WA. Charities of a similar size with the same main cause include Childrens Literacy Foundation ($949k), Orcas Christian School Foundation ($950k) and Cornerspring Montessori School ($949k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $169k (17% of expenses). Other salaries and wages came to $149k. At year end it held assets of $466k against liabilities of $20k, net assets of $446k. It reported 5 employees.