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Washington, D.C. · Nonprofit

Verra

Verra (Washington, D.C.) receives grants from 5 organizations whose IRS filings report $1,547,017 to it, the largest being RAINFOREST ALLIANCE INC ($872,793). 3 of them have funded it in more than one year.

Revenue FY2025
$31M
Funders on record
5
Grants received
$1.5M
Net assets
$23M
3/5 repeat funderspeak grant-dependency 2%
01What it does

What Verra does

Mission

Verra drives transformational action on climate change and sustainable development through high-integrity standards that mobilize finance and deliver real impact.

As stated on its FY2025 Form 990.

Programs

  1. VCS Program: The Verified Carbon Standard (VCS) Program certifies projects that reduce and remove greenhouse gas emissions. Projects undergo a rigorous development and assessment process before applying for registration with the VCS Program. Projects are issued Verified Carbon Units which they can use to finance their activities. Under the VCS Program, Verra also operates the Jurisdictional and Nested REDD+ Framework that enables jurisdictional REDD+ programs and nested projects to account for and verify their forest-related emission reduction activities.Continued in Schedule O

    $27,934,122 spent$27,551,050 earned by the program
    95% of program spending
  2. CCBS Program: The Climate Community and Biodiversity Standards (CCBS) Program certifies projects that simultaneously address climate change, support local communities and smallholders, and conserve biodiversity. Many land-based projects register in both the CCBS Program and the VCS Program. These projects include reforestation, afforestation, vegetation, forest restoration, agroforestry, and sustainable agriculture projects.

    $1,217,752 spent$1,198,385 earned by the program
    4% of program spending
  3. Plastics Waste Reduction Standard Program: The Plastic Waste Reduction Standard Program (Plastic Program) enables the consistent accounting, independent auditing and crediting of new or scaled-up waste collection and recycling projects. Projects are issued Plastic Credits which they can use to sustain and/or scale up their operations. The program seeks to catalyze socially-responsible waste recovery and recycling efforts around the world.

    $189,366 spent$186,354 earned by the program
    1% of program spending
  4. SD VISta Program: The Sustainable Development Verified Impact Standard (SD VISta) is a framework for assessing and reporting on the sustainable development benefits of project-based activities. It helps unlock new sources of finance to support and scale up high-impact efforts that help advance the United Nations' Sustainable Development Goals (SDGs). In 2025, we focused our efforts in the SD VISta Program around operationalizing version 1.0 of the Nature Framework. Early in the year, we welcomed applications from validation/verification bodies (VVBs) to audit Nature Framework projects. We also implemented a market-leading digital-first approach to project registration when we officially opened the formal registration process to our Nature Framework pilot projects. We closed out the year with the exciting news that the Nature Framework certification process will open to all projects on January 1, 2026. Scope 3 Standard Program: In 2024, Verra advanced work to develop a Scope 3 Standard Program which will help companies address their Scope 3 emissions. Scope 3 emissions often are most of a company's emissions and are therefore critical to reduce. The program is well-suited to drive…

    $119,403 spent$117,504 earned by the program
    0% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $29,460,643.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.

100 = 20172017 Revenue 100 ($6.4M) Expenses 100 ($4.3M) Net assets 100 ($3.6M)2018 Revenue 109 ($7.0M) Expenses 115 ($5.0M) Net assets 155 ($5.6M)2019 Revenue 217 ($14M) Expenses 159 ($6.9M) Net assets 350 ($13M)2020 Revenue 324 ($21M) Expenses 226 ($9.8M) Net assets 656 ($24M)2021 Revenue 630 ($41M) Expenses 405 ($18M) Net assets 1294 ($47M)2022 Revenue 504 ($32M) Expenses 605 ($26M) Net assets 1466 ($53M)2023 Revenue 464 ($30M) Expenses 901 ($39M) Net assets 1207 ($43M)2024 Revenue 432 ($28M) Expenses 1086 ($47M) Net assets 667 ($24M)2025 Revenue 476 ($31M) Expenses 728 ($32M) Net assets 641 ($23M)
'17'18'19'20'21'22'23'24'25
Revenue (476)Expenses (728)Net assets (641)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $27M to $50M (+87%).

$4.4M
$7.1M
$14M
$27M
$50M
$58M
$48M
$29M
$27M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 23% · 2018 0% · 2019 12% · 2020 5%. Grants only. Government contracts and fees sit inside program revenue.

3% of Verra’s revenue is contributions — more earned-revenue than three-quarters of its peers (87% for the typical peer).

This organization
Typical peer · 360 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$2.1M
’17
$2.0M
’18
$7.0M
’19
$11M
’20
$23M
’21
$6.2M
’22
−$9.3M
’23
−$19M
’24
−$957k
’25
8.6
months of
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.

Chief executive

Mandy Rambharos

Chief Executive Officer

Board chair

Marc Stuart

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2018 and FY2019, and between the FY2019 and FY2020 filings.

'17'18'19'20'21'22'23'24'25
Listed161320212320243023
Joined·+1+8+3+4+2+8+11+3
No longer listed·412254510
03Who funds it

Who funds it, year by year

2018 → 2023: the base held at 1 funder, grant income fell $10k → $5k.

From the IRS filings of Verra’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

Verra leans on a few funders — its largest provides 56% of grant income and the top three 99%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

96% 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 Verra.

56%
largest funder
99%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2019 96% · 2020 72% · 2021 60% · 2022 68% · 2023 100% — broadly stable.

“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

Verra draws 62% of its grant income from funders outside Washington, D.C., across 4 states in all.

NY
MA
CA
DC

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
Washington, D.C. out of state home

Funder states come from each funder’s own filing. 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.

04Its place in the field

Against its field

Verra is better cushioned than half of the 195 environment nonprofits its size.

Operating margin−3% · bottom quartile
Months of reserve8.6mo · above the median
Revenue growth (annualized)22% · above the median

this organization peer median middle 50% of peers· 195 environment nonprofits $10M–$100M, FY2025

Organizations like Verra

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 Washington, D.C.

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

74%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for Verra: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 Verra?
Verra (Washington, D.C.) receives grants from 5 organizations whose IRS filings report $1,547,017 to it, the largest being RAINFOREST ALLIANCE INC ($872,793). 3 of them have funded it in more than one year.
How many funders does Verra have?
IRS filings report 5 organizations giving $1,547,017 in grants to Verra, 3 of which have funded it in more than one year.
Who is the largest funder of Verra?
RAINFOREST ALLIANCE INC is the largest funder on record, with $872,793 in grants. The full list of funders is on this page.
How can an organization like Verra find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 5 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 14, 2026. What this page cannot tell you · view filing