Illinois · Nonprofit
CLIMATE VAULT
CLIMATE VAULT (Illinois) receives grants from 9 organizations whose IRS filings report $1,721,531 to it, the largest being IMPACTASSETSINC ($920,078). 7 of them have funded it in more than one year, and 83% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $6.0M
- Funders on record
- 9
- Grants received
- $1.7M
- Net assets
- $14M
What Climate Vault does
Mission
To lower the concentration of greenhouse gases in the atmosphere to slow and even reverse the effects of climate change.
As stated on its FY2024 Form 990.
Program
Reduce # of carbon allowances available for co2 emitters in order to ultimately reduce the co2 being emitted in the atmosphere.the program involves the purchase of offset allowances, which are capitalized as program related investments, which reduces future carbon dioxide emissions by "vaulting" them. This prevents carbon-emitting-companies from purchasing those same allowances and capping future carbon dioxide emissions. The intention to monetize some of the carbon dioxide allowances in its vault to award grants to promising, cutting-edge research and technology aimed at making carbon dioxide removal more effective.
$185,644 spent100% of program spending
The program described on its FY2023 Form 990. Program spending in total: $185,644.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $9.7M to $14M (+48%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
92% of CLIMATE VAULT’s revenue is contributions — more donation-reliant than the typical peer (88% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 4 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2022 → 2023: the base broadened from 3 funders to 5 funders, grant income fell $325k → $143k.
6 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 83% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of CLIMATE VAULT’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
CLIMATE VAULT leans on a few funders — its largest provides 53% of grant income and the top three 87%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
97% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CLIMATE VAULT.
Largest funder’s share by year: 2022 92% · 2023 45% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
83% of CLIMATE VAULT's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $298k that is directly attributable, 99% of it comes from funders outside Illinois, across 3 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.4M arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
CLIMATE VAULT runs a healthier operating margin than three-quarters of the 2,187 environment nonprofits its size.
this organization peer median middle 50% of peers· 2,187 environment nonprofits $1M–$10M, FY2024
Organizations like CLIMATE VAULT
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
11% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 38 states
Screen this organization
A dated, signed PDF of the compliance screen for CLIMATE VAULT: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CLIMATE VAULT?
- CLIMATE VAULT (Illinois) receives grants from 9 organizations whose IRS filings report $1,721,531 to it, the largest being IMPACTASSETSINC ($920,078). 7 of them have funded it in more than one year, and 83% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does CLIMATE VAULT have?
- IRS filings report 9 organizations giving $1,721,531 in grants to CLIMATE VAULT, 7 of which have funded it in more than one year.
- Who is the largest funder of CLIMATE VAULT?
- IMPACTASSETSINC is the largest funder on record, with $920,078 in grants. The full list of funders is on this page.
- How can an organization like CLIMATE VAULT find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Climate Vault →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 9 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing