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Allied Climate Partners

New York, NY · EIN 93-2878604 · 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

Allied Climate Partners reported $66.5 million in revenue and $2.4 million in expenses for calendar year 2024. Of every $100 it spent, $78.14 went to program services, $19.52 to management and general costs and $2.34 to fundraising. Its largest source of revenue was contributions and grants: 98.1% of the total. The highest compensation it reported for one person was $696,929 (CHIEF EXECUTIVE OFFICER). 2 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 $2.4M

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 $67M

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)
78.1%83.6%
Management & general
Part IX 25(C) ÷ 25(A)
19.5%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
2.3%3.3%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.03
Contributions & grants share of revenue
Part VIII 1h ÷ 12
98.1%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
$696,929$293,532
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
28.90%1.74%
People paid over $100,000
Part VII, line 2
27
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
353.818.8
Independent voting board members
Part VI 1a–1b
4 of 5100.0%

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
$1.9M expenses · 100.0% of program spending

Allied Climate Partners (acp) seeks to address climate finance challenges in emerging markets and developing economies by providing early-stage-focused investment platforms and others focused on critical climate-related bottlenecks with appropriate risk-oriented capital and a mandate to invest in climate-focused companies that lack access to capital and have significant potential to address the effects of climate change. The primary problems with catalyzing effective, long-lasting change when working to ameliorate the devastating effects of climate change are the lack of investment capital…

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, 40.00 hrs/week
$642,669$0$54,260$696,929
PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$154,417$0$27,873$182,290
DIRECTOR OF FINANCE & OPERATIONS
Officer, 40.00 hrs/week
$71,467$0$7,537$79,004

2 people received more than $100,000 in reportable compensation from Allied Climate Partners (Part VII, line 2). Compensation of current officers, directors and key employees totaled $776K (Part IX, line 5).

2 filings since FY2023 (7 mo.)

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$67M$2.4M78.1%$71M$696,929
FY2023 (7 mo.) ⓘ$7.8M$772K70.6%$7.0M$191,931

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–1b5 · 4 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 11aNo
  • Family or business ties among insiders Part VI 2Yes
  • 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 56
  • Volunteers Part I, line 64

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
IMPACTADVISE LTD
Advisory services
$154,476

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Private foundation grants it received

2 private foundations reported grants to Allied Climate Partners totaling $2.8M 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 Allied Climate Partners's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Allied Climate Partners, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All environment charities · Largest charities in New York

Questions people ask

How much of Allied Climate Partners's spending goes to programs?

In calendar year 2024, Allied Climate Partners reported that 78.1% of its $2.4 million in expenses went to program services, 19.5% to management and general and 2.3% to fundraising (Form 990, Part IX).

How much does Allied Climate Partners pay its top executive?

The largest total compensation Allied Climate Partners reported for one person in calendar year 2024 was $696,929, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Allied Climate Partners get its money?

Of $66.5 million in revenue in calendar year 2024, 98.1% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Allied Climate Partners a registered charity?

The IRS lists EIN 93-2878604 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 202513159349305806 · read the filing · XML
  • FY2023 (7 mo.): Form 990 for the 7-month short period ending December 31, 2023, object 202433209349310763 · read the filing

All filings for EIN 93-2878604: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.