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Institute for Market Transformation Inc

EIN 94-3241464 · Washington, DC

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

LegitimacyPassesRegistration and standingFinancial healthFair51 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

IMT BELIEVES BETTER BUILDINGS IMPROVE LIVES. IMT'S MISSION IS TO CATALYZE DEMAND FOR HIGH-PERFORMING BUILDINGS.

Income
$6.5 million
Spending
$8.1 million
Spent on programs
86%
Reserves
3.4 months of spending
Largest source of income
donations and private grants, 54%
Employees
45
Volunteers
0
Highest pay
$233,597, ceo

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

Fair: 51 out of 100. Higher than 15% of charities in its peer group (environment, $1m to $10m).

  • Reserves

    20 of 35

    Spendable reserves would cover 3.4 months of spending.

  • Debt

    16 of 20

    It owes 16% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 24% of income.

  • Income trend

    0 of 15

    Income fell 26% on the year before.

  • Spending floor

    15 of 15

    86% of spending went to programs and raising each dollar of donations cost 4 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: 100 out of 100. Higher than 60% of charities in its peer group (environment, $1m to $10m).

  • Independent board

    25 of 25

    8 of 8 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

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave 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 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 (4)
  1. $2.9 million spent. POLICY: IMT WORKS TO ACTIVATE GOVERNMENT AT THE FEDERAL, STATE, AND LOCAL LEVELS TO USE THE REGULATORY LEVERS AVAILABLE TO ADDRESS BUILDING PERFORMANCE. FOR MORE THAN 25 YEARS, IMT HAS WORKED WITH POLICYMAKERS AND STAKEHOLDERS TO CO-DESIGN AND IMPLEMENT BUILDING CODES AND POLICIES AT EVERY LEVEL TO DRIVE DEMAND FOR HEALTHY, RESILIENT, LOW-POLLUTION BUILDINGS. IMT CURRENTLY LEADS THE NATIONAL BPS COALITION, WHICH AIMS TO CATALYZE $132 BILLION IN INVESTMENT IN HIGH PERFORMANCE BUILDINGS THAT LOWER ENERGY COSTS FOR RESIDENTS AND BUSINESSES.
  2. $2.0 million spent. COMMUNITY ENGAGEMENT: IMT BELIEVES COMMUNITIES WHICH EXPERIENCE THE GREATEST CHALLENGES SHOULD DRIVE THEIR OWN SOLUTIONS. IMT FACILIITATES CONVERSATION, PROVIDES CONNECTIONS, AND OFFERS TECHNICAL EXPERTISE TO SUPPORT COMMUNITY-DRIVEN POLICY RESPONSES THAT BENEFIT ALL RESIDENTS, AND CREATE ECONOMIC OPPORTUNITIES FOR FRONTLINE COMMUNITIES. IMT WORKS WITH MORE THAN 100 PARTNERS ACROSS ALL OF OUR PROJECTS TO ENSURE POLICIES SUPPORT AFFORDABILITY AND COMMUNITY PRIORITIES.
  3. $1.8 million spent. BUSINESS ENGAGEMENT: IMT HELPS THE PRIVATE SECTOR MEET THEIR CURRENT AND FUTURE BUILDING ENERGY NEEDS, WHILE PUSHING THE MARKET TOWARD HIGH-PERFORMING BUILDINGS AS A NEW NORMAL. IMT PROVIDES GREEN LEASING CERTIFICATION THAT REDUCES ENERGY COSTS; AWARDEES CURRENTLY OWN OR MANAGE 8.1 BILLION SQ FT OF SPACE. IMT ALSO PROVIDES KEY POLICY DATA AND INSIGHTS THROUGH ITS CORPORATE ENGAGEMENT OPPORTUNITIES PROGRAM. ADDITIONALLY, IMT HELPS THE REAL ESTATE SECTOR MEET SHIFTING MARKET DEMANDS THROUGH ITS BUILDING PERFORMANCE PARTNERSHIP AND ITS BUILDING INNOVATION HUB IN WASHINGTON, DC.
  4. $223,427 spent. BUILDING CODES

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

  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 November 6, 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 December 2024.

    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 February 1998.

    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 November 4, 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.