Clasp
Clasp reported $28.9 million in revenue and $26.8 million in expenses for calendar year 2024. Of every $100 it spent, $90.41 went to program services, $8.90 to management and general costs and $0.69 to fundraising. Its largest source of revenue was contributions and grants: 94.2% of the total. Government grants made up 12.1%. The highest compensation it reported for one person was $421,472 (CHIEF EXECUTIVE OFFICER). 15 people received more than $100,000 in reportable compensation. Revenue rose 108% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $27MFor 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 2024 · Form 990, Part VIII · total revenue $29MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 90.4% | 83.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 8.9% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.7% | 3.3% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.03 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 94.2% | 87.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 12.1% | 4.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 2.1% | 3.2% |
| Highest reported compensation Part VII-A, columns D–F | $421,472 | $293,532 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.57% | 1.74% |
| People paid over $100,000 Part VII, line 2 | 15 | 7 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.0 | 18.8 |
| Independent voting board members Part VI 1a–1b | 12 of 12 | 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
2024 · Form 990, Part III · the three largest programs by expenseClean energy access: clasp supports progress on sustainable development goal (sdg) 7 - affordable, reliable, sustainable and modern energy for all. Clasp helps build healthy markets for off-grid solar appliances and equipment by driving innovation and sales in early-stage product markets; surfacing data and research on product performance, market trends, and consumer preferences; establishing technical foundations for consumer protection; building financing mechanisms; and aligning sector stakeholders across the value-chain. Clasp's energy access programs include the efficiency for access…
Climate: clasp focuses on evidence-based pathways to mitigate the climate crisis and promote uptake of super-efficient technologies. Energy-efficient appliances are one of the most cost-effective methods for mitigating climate change. They save money for governments and consumers, reduce peak energy demand, and bolster economic and energy security. Clasp partners with governments, industry and other experts to catalyze markets for energy efficient technologies. Our expertise includes:- technology and market assessments- energy efficiency and performance policy advice - consumer product…
Research: clasp's research team spans climate and clean energy access and works to identify the most impactful and innovative opportunities to improve climate mitigation, adaptation, equity, and environmental justice and protection. Clasp's research bridges the gap between analysis and action - developing thought leadership, market monitoring, consumer research, and managing tools like mespy, world's best meps, and the clasp policy resource center
Highest reported compensation
2024 · 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 | $388,158 | $0 | $33,314 | $421,472 |
| CHIEF OPERATING OFFICER Officer, 40.00 hrs/week | $264,179 | $0 | $27,723 | $291,902 |
| CHIEF COMM. & DVLPT. OFFICER Key employee, 40.00 hrs/week | $250,102 | $0 | $26,378 | $276,480 |
| DIRECTOR OF FINANCE Highest compensated employee, 40.00 hrs/week | $190,315 | $0 | $22,831 | $213,146 |
| DIRECTOR OF HUMAN RESOURCES Highest compensated employee, 40.00 hrs/week | $168,871 | $0 | $26,091 | $194,962 |
| CHIEF OF PROGRAMS Key employee, 40.00 hrs/week | $176,838 | $0 | $14,650 | $191,488 |
| SR. DIRECTOR OF CLIMATE Highest compensated employee, 40.00 hrs/week | $161,665 | $0 | $24,605 | $186,270 |
| SENIOR DIR. OF RESEARCH Highest compensated employee, 40.00 hrs/week | $147,201 | $0 | $28,270 | $175,471 |
15 people received more than $100,000 in reportable compensation from Clasp (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · 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–1b12 · 12 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 538
- Volunteers Part I, line 612
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| ENERGY SAVING TRUST Technical implementer | $2,297,719 |
| CAL POLY HUMBOLDT SPONSORED PROG FDN Technical implementer | $2,015,000 |
| CHINA NTL INST OF STDZN Technical implementer | $510,000 |
| NITHIO HOLDINGS INC Technical implementer | $451,113 |
| AMERICAN COUNCIL FOR AN ENERGY EFFICIENT Technical implementer | $290,381 |
Individuals listed as contractors are left out. 19 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Clasp totaling $4.9M 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 Clasp's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Clasp, you can publish a response that is linked from this page.
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Of every $100 Clasp spent in 2024, $90.41 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Coastal Maine Botanical GardensBoothbay, ME · revenue $29M · programs 51.8% · FY2025
- The Partnership ProjectWashington, DC · revenue $29M · programs 91.2% · 2024
- World Wildlife Fund CanadaCanada, · revenue $28M · programs 75.3% · FY2025
- National Tropical Botanical GardenKalaheo, HI · revenue $29M · programs 83.1% · 2024
- Peconic Land TrustSouthampton, NY · revenue $28M · programs 69.9% · 2024
All environment charities · Largest charities in District of Columbia
Questions people ask
How much of Clasp's spending goes to programs?
In calendar year 2024, Clasp reported that 90.4% of its $26.8 million in expenses went to program services, 8.9% to management and general and 0.7% to fundraising (Form 990, Part IX).
How much does Clasp pay its top executive?
The largest total compensation Clasp reported for one person in calendar year 2024 was $421,472, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Clasp get its money?
Of $28.9 million in revenue in calendar year 2024, 94.2% came from contributions and grants (including 12.1% from government grants) and 2.1% from program service revenue (Form 990, Part VIII).
Is Clasp a registered charity?
The IRS lists EIN 33-1112770 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. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202512839349301306 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202422609349301742 · read the filing
- 2022: Form 990 for calendar year 2022, object 202312079349300316 · read the filing
- 2021: Form 990 for calendar year 2021, object 202222079349301412 · read the filing
- 2020: Form 990 for calendar year 2020, object 202131319349301833 · read the filing
- 2019: Form 990 for calendar year 2019, object 202001339349302050 · read the filing
All filings for EIN 33-1112770: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.