Climate Finance Action Inc

Analysis

Climate Finance Action Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in December 2020, 6 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 Finance Action Inc reported income of $262k and spending of $291k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $333k to $262k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 90% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Climate Finance Action Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Lake Erie Foundation ($262k), Southeast Michigan Land Conservancy ($263k) and Cimarron Watershed Alliance Inc ($262k).

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 $12k (4.0% of expenses). At year end it held assets of $162k against liabilities of $3,348, net assets of $159k. It reported 1 employees.