Allied Climate Partners Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
ALLIED CLIMATE PARTNERS' (ACP) MISSION IS TO INVEST CATALYTIC CAPITAL TO RESOLVE CLIMATE FINANCE BOTTLENECKS IN EMERGING MARKETS AND DEVELOPING ECONOMIES BY FOSTERING, SUPPORTING, PROMOTING, AND CONDUCTING PROGRAMS, PROJECTS, AND ACTIVITIES, INCLUDING INNOVATING FINANCING MECHANISMS, DESIGNED TO MITIGATE THE EFFECTS OF CLIMATE CHANGE AND ENHANCE THE ABILITY OF VULNERABLE AND AT RISK COMMUNITIES, IN ORDER TO INCREASE CLIMATE RESILIENCY AND SUPPORT SUSTAINABLE ECONOMIC GROWTH AND ENERGY SECURITY GROUNDED IN THE TRANSITION TO CLEAN ENERGY AND ENERGY INFRASTRUCTURE.
- Income
- $66.5 million
- Spending
- $2.4 million
- Spent on programs
- 78%
- Reserves
- Over 10 years of spending
- Largest source of income
- donations and private grants, 98%
- Employees
- 6
- Volunteers
- 4
- Highest pay
- $696,929, chief executive officer
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 88% of charities in its peer group (environment, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 96% of income.
Income trend
15 of 15Income rose 753% on the year before.
Spending floor
15 of 1578% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100. Higher than 17% of charities in its peer group (environment, $10m to $100m).
Independent board
25 of 254 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 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)
- $1.9 million spent. 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 FOR POTENTIALLY EFFECTIVE PROJECTS AND A LACK OF MANAGERS AND FUNDS WHO ARE FOCUSED ON PRIORITIZING IMPACT AND CLIMATE RESILIENCY OVER RETURNS. ACP PLANS TO ADDRESS THESE PROBLEMS BY FUNDING INVESTMENT MANAGERS FOCUSED ON RAISING AND INVESTING CAPITAL TO ADDRESS THE FINANCING GAP AT THESE EARLY, RISK-ORIENTED STAGES OF THE PROJECT DEVELOPMENT PROCESS, WHEN STANDARD FINANCING IS DIFFICULT TO COME BY. IT WILL UTILIZE CAPITAL STRATEGICALLY TO LEVERAGE AND STIMULATE ADDITIONAL MARKET FUNDING, AND ITS INVESTMENTS WILL OFTEN BE IN JUNIOR, MORE CATALYTIC TRANCHES.
Source: Form 990 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 December 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.