Clean Power Institute

Analysis

Clean Power Institute is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Power Institute reported income of $1.7m and spending of $1.2m, leaving 28% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $750k to $1.7m (+120%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 1320295%. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Clean Power Institute sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 63rd percentile within DC. Charities of a similar size with the same main cause include Kristi Yamaguchi Always Dream ($1.7m), Jack E and Rachel Gindi Foundation ($1.7m) and St Marys Methodist Church Foundation Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $858k against liabilities of $271k, net assets of $587k.