Verra
Verra reported $30.6 million in revenue and $31.6 million in expenses for calendar year 2025. Of every $100 it spent, $93.31 went to program services, $6.55 to management and general costs and $0.14 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 94.9% of the total. The highest compensation it reported for one person was $409,242 (Chief Executive Officer). 66 people received more than $100,000 in reportable compensation. Revenue rose 120% between 2019 and 2025. Source: Form 990, 2025.
Where $100 of spending went
Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $32MFor context, the median across 371 covered environment charities: $85.82 programs, $10.80 management, $3.38 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2025 · Form 990, Part VIII · total revenue $31MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.3% | 83.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 6.6% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.1% | 3.3% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.05 | $0.03 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 3.0% | 87.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 4.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 94.9% | 3.2% |
| Highest reported compensation Part VII-A, columns D–F | $409,242 | $293,532 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.30% | 1.74% |
| People paid over $100,000 Part VII, line 2 | 66 | 7 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 8.8 | 18.8 |
| Independent voting board members Part VI 1a–1b | 10 of 10 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2025 · Form 990, Part III · the three largest programs by expenseVCS Program: The Verified Carbon Standard (VCS) Program certifies projects that reduce and remove greenhouse gas emissions. Projects undergo a rigorous development and assessment process before applying for registration with the VCS Program. Projects are issued Verified Carbon Units which they can use to finance their activities. Under the VCS Program, Verra also operates the Jurisdictional and Nested REDD+ Framework that enables jurisdictional REDD+ programs and nested projects to account for and verify their forest-related emission reduction activities.Continued in Schedule O
CCBS Program: The Climate Community and Biodiversity Standards (CCBS) Program certifies projects that simultaneously address climate change, support local communities and smallholders, and conserve biodiversity. Many land-based projects register in both the CCBS Program and the VCS Program. These projects include reforestation, afforestation, vegetation, forest restoration, agroforestry, and sustainable agriculture projects
Plastics Waste Reduction Standard Program: The Plastic Waste Reduction Standard Program (Plastic Program) enables the consistent accounting, independent auditing and crediting of new or scaled-up waste collection and recycling projects. Projects are issued Plastic Credits which they can use to sustain and/or scale up their operations. The program seeks to catalyze socially-responsible waste recovery and recycling efforts around the world
Highest reported compensation
2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Chief Executive Officer Officer, 40.00 hrs/week | $398,878 | $0 | $10,364 | $409,242 |
| Chief Financial Officer Officer, 40.00 hrs/week | $335,139 | $0 | $33,870 | $369,009 |
| Chief Technology Officer Key employee, 40.00 hrs/week | $328,846 | $0 | $39,893 | $368,739 |
| Chief Comm & Engagement Officer Key employee, 40.00 hrs/week | $252,149 | $0 | $30,827 | $282,976 |
| Sr Director, Program Quality Highest compensated employee, 40.00 hrs/week | $214,948 | $0 | $22,547 | $237,495 |
| Chief Strategy & Policy Officer Key employee, 40.00 hrs/week | $236,010 | $0 | $0 | $236,010 |
| Sr Director, Technology Solutions Highest compensated employee, 40.00 hrs/week | $211,079 | $0 | $23,576 | $234,655 |
| Chief Program Management Officer Key employee, 40.00 hrs/week | $210,012 | $0 | $18,961 | $228,973 |
66 people received more than $100,000 in reportable compensation from Verra (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.2M (Part IX, line 5).
7 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b10 · 10 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 568
- Volunteers Part I, line 6193
Largest outside contractors
2025 · Form 990, Part VII, Section B · businesses only| APX Inc Design & maintain in-house registry | $900,860 |
| Space Intelligence Ltd Program service provider | $608,000 |
| Globalization Partners Professional employment services | $571,550 |
| Arnold & Porter Kaye Scholer LLP Legal advisory services | $560,546 |
| CTrees Program service provider | $482,000 |
Individuals listed as contractors are left out. 20 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Verra totaling $5,000 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Verra's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Verra, you can publish a response that is linked from this page.
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Of every $100 Verra spent in 2025, $93.31 went to programs. The full breakdown, from its IRS Form 990:
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All environment charities · Largest charities in District of Columbia
Questions people ask
How much of Verra's spending goes to programs?
In calendar year 2025, Verra reported that 93.3% of its $31.6 million in expenses went to program services, 6.6% to management and general and 0.1% to fundraising (Form 990, Part IX).
How much does Verra pay its top executive?
The largest total compensation Verra reported for one person in calendar year 2025 was $409,242, for the role of Chief Executive Officer (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Verra get its money?
Of $30.6 million in revenue in calendar year 2025, 3.0% came from contributions and grants and 94.9% from program service revenue (Form 990, Part VIII).
Is Verra a registered charity?
The IRS lists EIN 27-0566795 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2025: Form 990 for calendar year 2025, object 202641699349300149 · read the filing · XML
- 2024: Form 990 for calendar year 2024, object 202502469349301000 · read the filing
- 2023: Form 990 for calendar year 2023, object 202441839349300234 · read the filing
- 2022: Form 990 for calendar year 2022, object 202322759349300202 · read the filing
- 2021: Form 990 for calendar year 2021, object 202222719349300507 · read the filing
- 2020: Form 990 for calendar year 2020, object 202102599349300605 · read the filing
- 2019: Form 990 for calendar year 2019, object 202012399349300901 · read the filing
All filings for EIN 27-0566795: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.