The New York Climate Exchange
The New York Climate Exchange reported $21.2 million in revenue and $7.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $63.06 went to program services, $15.81 to management and general costs and $21.13 to fundraising. Its largest source of revenue was contributions and grants: 95.7% of the total. The highest compensation it reported for one person was $460,700 (EXECUTIVE DIRECTOR & CEO). 8 people received more than $100,000 in reportable compensation. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $7.8MFor 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
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $21MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 63.1% | 83.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.8% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 21.1% | 3.3% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.08 | $0.03 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 95.7% | 87.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.2% | 4.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.1% | 3.2% |
| Highest reported compensation Part VII-A, columns D–F | $460,700 | $293,532 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 5.90% | 1.74% |
| People paid over $100,000 Part VII, line 2 | 8 | 7 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 177.0 | 18.8 |
| Independent voting board members Part VI 1a–1b | 18 of 18 | 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
FY2025 · Form 990, Part III · the three largest programs by expensePda activities:climate solutions summit: this earth week event (april 23-24, 2025), brought together over 100 scientists, community leaders, policymakers, artists, students, and innovators. There were panel discussions, research presentations, and sessions on communicating science. Battery circularity: hosted a forum for over 200 people from the battery value chain (producers, end-users, recyclers) and released the report "an introduction to battery circularity".continued on schedule o.nycha climate action: 17 nycha resident-led projects were awarded resident climate action grants of up to…
The exchange engaged external consultants for comprehensive programmatic advisory support and development. By leveraging their expertise in strategic planning, innovation, and stakeholder collaboration, these consultants helped ideate initial programming that aligned with the exchange's mission
Climate week: hosted over 30 events in New York city (on- and off-governors island) and attracted over 1,000 participants
Highest reported compensation
FY2025 · 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 |
|---|---|---|---|---|
| EXECUTIVE DIRECTOR & CEO Officer, 40.00 hrs/week | $439,677 | $0 | $21,023 | $460,700 |
| PROJECTS, PLANNING,& DEVELOPMENT Key employee, 40.00 hrs/week | $384,915 | $0 | $49,504 | $434,419 |
| CHIEF ADVANCEMENT OFFICER Key employee, 40.00 hrs/week | $246,601 | $0 | $30,474 | $277,075 |
| MULTILATERAL INITIATIVES Highest compensated employee, 40.00 hrs/week | $134,921 | $0 | $12,841 | $147,762 |
| FINANCE & ADMINISTRATION Highest compensated employee, 40.00 hrs/week | $121,280 | $0 | $15,895 | $137,175 |
| DIRECTOR OF INNOVATION Highest compensated employee, 40.00 hrs/week | $114,245 | $0 | $18,359 | $132,604 |
| COMMUNITY INITIATIVES Highest compensated employee, 40.00 hrs/week | $122,891 | $0 | $6,474 | $129,365 |
| CHIEF OF STAFF Highest compensated employee, 40.00 hrs/week | $108,942 | $0 | $9,270 | $118,212 |
8 people received more than $100,000 in reportable compensation from The New York Climate Exchange (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (Part IX, line 5).
2 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · 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–1b18 · 18 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- 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 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 525
- Volunteers Part I, line 675
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| SOM Consulting | $9,916,026 |
| HURON CONSULTING GROUP Advisory support | $3,145,880 |
| STERLING PROJECT DEVELOPMENT GROUP Consulting | $2,611,834 |
| LANGAN Consulting | $1,896,343 |
| TROUTMAN PEPPER HAMILTON SANDERS LLP Consulting | $576,467 |
Individuals listed as contractors are left out. 15 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from The New York Climate Exchange's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The New York Climate Exchange, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The New York Climate Exchange spent in FY2025, $63.06 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Fort Campbell Historical FoundationFt Campbell, KY · revenue $21M · programs 98.2% · 2025
- Puerto Rico Conservation Trust FundSan Juan, PR · revenue $21M · programs 48.5% · 2024
- The Alliance for Climate ProtectionWashington, DC · revenue $21M · programs 77.1% · 2025
- Forth Mobility FundPortland, OR · revenue $22M · programs 84.4% · 2024
- Omaha Botanical CenterOmaha, NE · revenue $21M · programs 64.9% · 2025
Questions people ask
How much of The New York Climate Exchange's spending goes to programs?
In the fiscal year ending June 30, 2025, The New York Climate Exchange reported that 63.1% of its $7.8 million in expenses went to program services, 15.8% to management and general and 21.1% to fundraising (Form 990, Part IX).
How much does The New York Climate Exchange pay its top executive?
The largest total compensation The New York Climate Exchange reported for one person in the fiscal year ending June 30, 2025 was $460,700, for the role of EXECUTIVE DIRECTOR & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The New York Climate Exchange get its money?
Of $21.2 million in revenue in the fiscal year ending June 30, 2025, 95.7% came from contributions and grants (including 0.2% from government grants) and 0.1% from program service revenue (Form 990, Part VIII).
Is The New York Climate Exchange a registered charity?
The IRS lists EIN 92-3384115 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202610779349300341 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501359349300145 · read the filing
All filings for EIN 92-3384115: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.