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New York Climate Exchange Inc

EIN 92-3384115 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood78 out of 100GovernanceGood83 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

OUR MISSION IS TO CONFRONT URGENT CLIMATE IMPACTS AND ISSUES OF ENVIRONMENTAL JUSTICE, BREAKING DOWN SILOS THROUGH AN INNOVATIVE, SCALABLE, AND SUSTAINABLE MODEL THAT WILL RAPIDLY DEVELOP NEW URBAN CLIMATE SOLUTIONS.

Income
$21.2 million
Spending
$7.8 million
Spent on programs
63%
Reserves
16.8 months of spending
Largest source of income
donations and private grants, 96%
Employees
25
Volunteers
75
Highest pay
$460,700, executive director & ceo

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 78 out of 100. Higher than 50% of charities in its peer group (environment, $10m to $100m).

  • Reserves

    35 of 35

    Spendable reserves would cover 16.8 months of spending.

  • Debt

    20 of 20

    It owes 5% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 63% of income.

  • Income trend

    0 of 15

    Income fell 81% on the year before.

  • Spending floor

    8 of 15

    63% of spending went to programs and raising each dollar of donations cost 8 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 83 out of 100. Higher than 11% of charities in its peer group (environment, $10m to $100m).

  • Independent board

    25 of 25

    18 of 18 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, 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 (4)
  1. $4.3 million spent. PDA 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 $5,000 TO DELIVER A COMMUNITY CLIMATE ACTION AND/OR SUSTAINABILITY EFFORT AT THEIR DEVELOPMENT THAT PROMOTES HEALTHIER AND MORE RESILIENT COMMUNITIES.DATA INITIATIVES: INSTALLED CLIMATE SENSORS ON GOVERNORS ISLAND, NEW YORK, TO COLLECT DATA ON AIR AND WATER POLLUTION QUALITY AND THREATS TO HUMAN HEALTH.WALL ST. CLIMATE FORUM: HELD NETWORKING AND EDUCATION EVENTS REACHING OVER 500 YOUNG FINANCIAL PROFESSIONALS, AS WELL AS THOUGHT LEADERS IN CLIMATE POLICY, FINANCE, AND TECH ENTREPRENEURSHIP.
  2. $359,724 spent. 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.
  3. $190,008 spent. CLIMATE WEEK: HOSTED OVER 30 EVENTS IN NEW YORK CITY (ON- AND OFF-GOVERNORS ISLAND) AND ATTRACTED OVER 1,000 PARTICIPANTS.
  4. $26,796 spent. CLIMATE TECH FELLOWSHIP: PLANNING FOR A 12-WEEK FELLOWSHIP FOR ENTREPRENEURS (ACTUAL FELLOWSHIP LAUNCHED FOLLOWING FISCAL YEAR).

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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.

  2. 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.

  3. 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.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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.

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