Climate Neutral

Analysis

Climate Neutral is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in November 2019, 7 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, Climate Neutral reported income of $1.7m and spending of $1.5m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $580k to $1.7m (+186%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 129%. Over the whole period it spent 87% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Climate Neutral sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Echo Hill Outdoor School Inc ($1.7m), Catskill Mountainkeeper Inc ($1.7m) and Tar River Land Conservancy ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $120k (7.9% of expenses). Other salaries and wages came to $894k. At year end it held assets of $1.0m against liabilities of $104k, net assets of $919k. It reported 11 employees.