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Top Rated

World Resources Institute

CharityWatch report issued
September 2022

Top-Rated Charity
CharityWatch Grade
Our independent grade based
on a number of factors.
Program Percentage
Amount spent on programs
relative to overhead.
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

World Resources Institute
10 G Street NE
Washington, DC 20002

Other Names


Tax Status




Stated Mission

To create change that improves people's lives and ensures the natural world can thrive.

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Data based on Fiscal Year Ended 09/30/2021

Program Percentage: 91%

The percentage of World Resources Institute's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).


Calculated Total Expenses



Cost to Raise $100: $0

How many dollars World Resources Institute spends on fundraising to raise each $100 of contributions.


Calculated Total Contributions


Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources


Financial Documents

Entity Document Type Tax ID
World Resources Institute IRS Form 990 52-1257057
World Resources Institute & Subsidiaries Audited Consolidated Financial Statements multiple
Entity: World Resources Institute
Document Type: IRS Form 990
Tax ID: 52-1257057
Entity: World Resources Institute & Subsidiaries
Document Type: Audited Consolidated Financial Statements
Tax ID: multiple

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
This charity is Top-Rated
What does it mean to be Top-Rated?
World Resources Institute
meets governance benchmarks.
World Resources Institute
meets transparency benchmarks.
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy No Sharing  

  Name Title Compensation
1 Andrew Steer President/CEO $532,443
2 Manish Bapna Executive VP/Managing Director $351,585
3 Steven Barker VP/CFOO $332,382
Name: Andrew Steer
Title: President/CEO
Compensation: $532,443
Name: Manish Bapna
Title: Executive VP/Managing Director
Compensation: $351,585
Name: Steven Barker
Title: VP/CFOO
Compensation: $332,382

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.

CharityWatch's rating of World Resources Institute (WRI) also includes the financial activities of the WRI subsidiaries consolidated in the WRI audited financial statements for the fiscal year ended September 30, 2021. According to the WRI fiscal 2021 consolidated audit (Note A), these subsidiaries include: the World Resources Institute Fund, the World Resources Institute India, the WRI Europe Stichting, and Fundación WRI Colombia. All intercompany accounts and transactions have been eliminated in the audit consolidation.

According to the World Resources Institute tax filing for the fiscal year ended September 30, 2021, the Institute reports for Business Transactions Involving Interested Persons a transaction in the amount of $67,309 involving David Levy, a family member of board member Joaquim Levy. The reported description for the transaction is: "Compensation – The executive committee of the board reviewed and relied upon an opinion from a third-party compensation expert that the compensation for Mr. Levy was reasonable. This decision was documented in the minutes of the committee" (IRS Form 990, Schedule L, Parts IV & V).

According to the World Resources Institute consolidated audit of September 30, 2021 (Note A re: COVID-19 Pandemic):

"In March 2020, the World Health Organization declared the outbreak of a novel coronavirus ('COVID-19') as a pandemic... The COVID-19 pandemic...is having a broad and negative impact on commerce and financial markets around the world. The extent of the impact of COVID-19 on the Institute's operational and financial performance will depend on certain developments, including the duration and spread of the outbreak which at present cannot be determined. Accordingly, the extent to which COVID-19 may impact the Institute's financial position and changes in net assets and cash flows is uncertain. The Institute has taken many steps to actively manage the impact of COVID-19 on its revenue, systems, and people. In regard to revenue, the Institute has begun making two-year forecasts. The Institute has learned to function virtually as a result of its robust systems that have enabled seamless transition to work from home. Building resilience of staff by providing mental health sessions and specific benefits for caregivers and parents has been a primary focus. The Institute also implemented a virtual check-in system to monitor morale and work priorities. The Institute will continue to make every effort to mitigate the current and future financial impacts of COVID-19."

According to the World Resources Institute (WRI) tax filing for the fiscal year ended September 30, 2021, WRI reports re: Compensation, Supplemental Information (IRS Form 990, Schedule J, Part III):

Regarding nonfixed payments to officers, directors, trustees, key employees and highest compensated employees (Schedule J, Part I, line 7):

"WRI uses a bonus program to recognize milestone achievements and nurture talent. We award both annual bonuses linked to the annual performance review and spot bonuses when staff achieve a significant goal or go above and beyond."

WRI reports "Bonus & incentive compensation" payments to 19 individuals in calendar year 2020, including $20,000 to Andrew Steer, President & CEO, whose reported total compensation in 2020 is $532,443. The other 18 reported "Bonus & incentive compensation" amounts range from $11,000 to $2,000, with associated reported total compensation ranging from $351,585 to $194,484 (IRS Form 990, Schedule J, Part II).

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