Center For Carbon Removal
EIN: 812560407 · Washington, DC · NTEE: C05
| Metric | Value |
|---|---|
| Total Revenue | $22.2M |
| Total Expenses | $8.6M |
| Net Assets | $25.1M |
Is Center For Carbon Removal Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Center For Carbon Removal
Center For Carbon Removal (EIN: 812560407) is a nonprofit organization based in Washington, DC, classified under NTEE code C05. The organization reported total revenue of $22.2M and total assets of $25.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center For Carbon Removal's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Center For Carbon Removal is a large nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 50.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.9M |
| Total Expenses | $8.6M |
| Surplus / Deficit | +$5.3M |
| Total Assets | $25.7M |
| Total Liabilities | $621K |
| Net Assets | $25.1M |
| Operating Margin | 37.9% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 35.7 months |
Financial Health Grade: A
In 2023, Center For Carbon Removal reported a surplus of $5.3M with revenue exceeding expenses, holds 35.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Center For Carbon Removal's revenue has grown at a compound annual growth rate (CAGR) of 50.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +77.3% | +21.5% | +29.1% |
| 2022 | -58.7% | +100.0% | +1.7% |
| 2021 | +478.1% | +31.7% | +396.9% |
| 2020 | -17.3% | +70.9% | +25.1% |
| 2019 | +109.1% | +0.6% | +321.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Center For Carbon Removal has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Center For Carbon Removal with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.4%.
Frequently Asked Questions about Center For Carbon Removal
Is Center For Carbon Removal a legitimate charity?
Based on AI analysis of IRS 990 filings, Center For Carbon Removal (EIN: 812560407) insufficient data. 0 red flags identified, 0 strengths noted.
How does Center For Carbon Removal spend its money?
Detailed spending breakdown data is not yet available for Center For Carbon Removal. Check back for updated IRS 990 analysis.
Are donations to Center For Carbon Removal tax-deductible?
Center For Carbon Removal is registered as a tax-exempt nonprofit (EIN: 812560407). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Center For Carbon Removal located?
Center For Carbon Removal is headquartered in Washington, Washington DC and files with the IRS under EIN 812560407. It is classified under NTEE code C05.
How many years of IRS 990 filings does Center For Carbon Removal have?
Center For Carbon Removal has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $22.2M in total revenue.
Filing History
IRS 990 filing history for Center For Carbon Removal showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Center For Carbon Removal's revenue has grown by 1682.3%, moving from $781K to $13.9M. Total assets increased by 5538.2% over the same period, from $456K to $25.7M. Total functional expenses rose by 2452.4%, from $339K to $8.6M. In its most recent filing year (2023), Center For Carbon Removal reported a surplus of $5.3M, with revenue exceeding expenses. The organization holds $621K in liabilities against $25.7M in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $25.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.9M | $8.6M | $25.7M | $621K | — | — |
| 2022 | $7.9M | $7.1M | $19.9M | $480K | — | View 990 |
| 2021 | $19.0M | $3.6M | $19.6M | $416K | — | View 990 |
| 2020 | $3.3M | $2.7M | $3.9M | $236K | — | — |
| 2019 | $4.0M | $1.6M | $3.1M | $35K | — | View 990 |
| 2018 | $1.9M | $1.6M | $748K | $29K | — | View 990 |
| 2017 | $862K | $916K | $451K | $62K | — | View 990 |
| 2016 | $781K | $339K | $456K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.9M, expenses of $8.6M, and assets of $25.7M (revenue +77.3% year-over-year).
- 2022: Revenue of $7.9M, expenses of $7.1M, and assets of $19.9M (revenue -58.7% year-over-year).
- 2021: Revenue of $19.0M, expenses of $3.6M, and assets of $19.6M (revenue +478.1% year-over-year).
- 2020: Revenue of $3.3M, expenses of $2.7M, and assets of $3.9M (revenue -17.3% year-over-year).
- 2019: Revenue of $4.0M, expenses of $1.6M, and assets of $3.1M (revenue +109.1% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.6M, and assets of $748K (revenue +120.6% year-over-year).
- 2017: Revenue of $862K, expenses of $916K, and assets of $451K (revenue +10.3% year-over-year).
- 2016: Revenue of $781K, expenses of $339K, and assets of $456K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Center For Carbon Removal:
Data Sources and Methodology
This transparency report for Center For Carbon Removal is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.