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Climate ARC

Dover, DE · EIN 93-2684544 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Climate ARC reported $44.4 million in revenue and $23.0 million in expenses for calendar year 2024. Of every $100 it spent, $81.79 went to program services, $15.97 to management and general costs and $2.24 to fundraising. Its largest source of revenue was contributions and grants: 99.5% of the total. The highest compensation it reported for one person was $474,658 (CHIEF EXECUTIVE OFFICER). 13 people received more than $100,000 in reportable compensation. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $23M

For 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 $44M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 371 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
81.8%83.6%
Management & general
Part IX 25(C) ÷ 25(A)
16.0%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
2.2%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
99.5%87.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%4.8%
Program service revenue share
Part VIII 2g ÷ 12
0.0%3.2%
Highest reported compensation
Part VII-A, columns D–F
$474,658$293,532
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.07%1.74%
People paid over $100,000
Part VII, line 2
137
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
12.618.8
Independent voting board members
Part VI 1a–1b
3 of 4100.0%

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 expense
$16M expenses · 82.6% of program spending · grants $14M

Partnerships and Impact - Covers the Grant making Program, which funds projects developing climate-finance tools, datasets, and methodologies (e.g., PACTA 2.0, Lobby Map, Resilient Planet Data Hub), and the Climate Finance Hub Brazil, a localized coalition focused on upskilling the Brazilian financial community and producing in-depth corporate climate-transition analysis

$2.5M expenses · 13.3% of program spending

Research and Programs - Includes TransitionArc, a proprietary platform that aggregates climate-transition data and analysis to support financial institutions in assessing corporate climate performance, freely accessible to registered users

$767K expenses · 4.1% of program spending

Communications and Engagement - Focuses on collaboration with financial institutions, nonprofits, and climate experts to promote common standards, share insights, and drive systemic change through communication campaigns and sector convenings

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF EXECUTIVE OFFICER
Director/trustee, officer, 35.0 hrs/week
$393,762$0$80,896$474,658
FORMER CCO
Officer, 35.0 hrs/week
$331,358$0$3,883$335,241
Director of Research & Program
Highest compensated employee, 35.0 hrs/week
$241,005$0$50,073$291,078
Head of Fundraising
Highest compensated employee, 35.0 hrs/week
$199,304$0$26,400$225,704
Former Director of Partnerships
Highest compensated employee, 35.0 hrs/week
$169,394$0$4,847$174,241
Director of People & Culture
Highest compensated employee, 35.0 hrs/week
$139,834$0$28,943$168,777
Head of Technology
Highest compensated employee, 35.0 hrs/week
$124,455$0$0$124,455
CHAIR
Director/trustee, 1.0 hrs/week
$33,458$0$0$33,458

13 people received more than $100,000 in reportable compensation from Climate ARC (Part VII, line 2). Compensation of current officers, directors and key employees totaled $810K (Part IX, line 5).

2 filings since FY2023 (6 mo.)

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$44M$23M81.8%$24M$474,658
FY2023 (6 mo.) ⓘ$2.6M$8,2480.0%$2.6M—

Governance 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–1b4 · 3 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 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 51
  • Volunteers Part I, line 62

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
Applied Works
Design & Communications Consultants
$1,006,974
Sigma Labs
Technology Consultant
$252,248
Jen Johnston Executive Coaching
Executive Coaching
$150,482
BDO USA
Accounting Services
$136,264
Corporate Knights Inc
Sustainable Economy Intelligence Database
$121,400

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Climate ARC totaling $1.5M 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 Climate ARC's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Climate ARC, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All environment charities · Largest charities in Delaware

Questions people ask

How much of Climate ARC's spending goes to programs?

In calendar year 2024, Climate ARC reported that 81.8% of its $23.0 million in expenses went to program services, 16.0% to management and general and 2.2% to fundraising (Form 990, Part IX).

How much does Climate ARC pay its top executive?

The largest total compensation Climate ARC reported for one person in calendar year 2024 was $474,658, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Climate ARC get its money?

Of $44.4 million in revenue in calendar year 2024, 99.5% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Climate ARC a registered charity?

The IRS lists EIN 93-2684544 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

  • 2024: Form 990 for calendar year 2024, object 202503219349310915 · read the filing · XML
  • FY2023 (6 mo.): Form 990 for the 6-month short period ending December 31, 2023, object 202413209349321391 · read the filing

All filings for EIN 93-2684544: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.