C40 Cities Climate Leadership Group Inc

Analysis

C40 Cities Climate Leadership Group Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2013, 13 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, C40 Cities Climate Leadership Group Inc reported income of $47.2m and spending of $61.4m, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $30.7m to $47.2m (+54%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 92% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, C40 Cities Climate Leadership Group Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Oceana Inc ($46.5m), Napa County Land Trust ($48.1m) and Clean Air Task Force Inc ($46.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $611k (1.0% of expenses). Other salaries and wages came to $26.1m. At year end it held assets of $38.6m against liabilities of $4.9m, net assets of $33.7m. It reported 35 employees.