Direct Air Capture Coalition Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
The Corporation was organized and is operated exclusively for charitable, and/or educational purposes, within the meaning of Section 501(c)(3)of the Internal Revenue Code of 1986, as the same may be amended (the Code), including, but not limited to, educating, engaging, and mobilizing society to scale direct air capture technologies in a sustainable, equitable, and effective way (the Corporation's exempt purposes).The Corporation is a multi-stakeholder, climate-focused, public spirited coalition focused on educating, engaging, and mobilizing society to scale direct air capture technologies in a sustainable, equitable, and effective way. The Corporation is not a trade association or an advocacy group, but instead serves as the only non-commercial global organization with a core, full-time focus on growing and accelerating the direct air capture ecosystem.
- Income
- $171,185
- Spending
- $122,039
- Reserves
- -2.9 months of spending
- Largest source of income
- donations and private grants, 100%
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 21 out of 100. Higher than 3% of charities in its peer group (environment, under $250k).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 120% of what it owns.
Living within its means
15 of 15Income exceeded spending by 29% of income.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $122,039 spent. The DAC Coalition brings together global innovators to mobilize society for direct air capture a critical solution for addressing climate change and unlocking a more sustainable, equitable, and prosperous future. Since inception, among other things, the DAC Coalition has secured over 100 organizational stakeholder members, hosted several major conferences bringing together key direct air capture ecosystem players, held dozens of convenings and solution-oriented workshops on critical topics facing the direct air capture space, and published many public-facing educational newsletters and social media postings to inform stakeholders and others about important developments in the sector.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.