Financial Statements
At Earthjustice, we hold ourselves to the highest standards of good governance. As a 501(c)3 nonprofit, we respect each and every gift from the tens of thousands of individual donors and the foundations who invest in us to build a better future.
Fiscal Year 2025 Financial Report
We’re in the fight of our lives — and thanks to you, our dedicated supporters, we’ve risen to meet outsized challenges. Since January 2025, we’ve opened more than 150 new pieces of litigation, standing up for people and the planet when it mattered most.
Earthjustice has grown to 600 full-time staff. In the coming year, we will double our rate of staffing growth compared to last year. Your investments have fueled our strength and resolve.
The year ahead demands even more from us: more pushback against lawlessness, more defense of bedrock laws, and more enforcement of lifesaving environmental protections. And with federal leadership stagnating, our affirmative work is even more essential. We must keep winning for clean air, clean water, and clean energy across the country and the world. A better future cannot wait.
Earthjustice is all in. We have the partners, the expertise, and the determination to win. We’re investing boldly, betting on ourselves, and using every resource we can to build our capacity to take this fight further. Our opponents’ ambitions are vast; ours are even greater.
We know we can’t get there alone — thanks to your continued support, we know we don’t have to. Thank you for fighting alongside us.
Libby Marsh
Senior Vice President of Development
FY25 Revenue
10%
Donated services
87%
Contributions
& bequests
3%
Court awards
Breakdown of FY25 Contributions & Bequests
6%
Estate gifts
77%
Individuals
17%
Foundations
FY25 Expenditures
9%
General
7%
Fundraising
84%
Program
services
FY25 Statement of Activities
Revenues
| Contributions | $145,153,000 |
| Bequests | $8,978,000 |
| Donated services | $16,810,000 |
| Court awards | $5,787,000 |
| Investment income | $30,041,000 |
| Other income | $428,000 |
| Total revenues | $207,197,000 |
Expenses
Program services
| Litigation | $90,752,000 |
| Donated litigation services | $5,710,000 |
| Public information | $46,627,000 |
| Donated public information services | $11,100,000 |
Supporting services
| Management and general | $16,046,000 |
| Fundraising | $13,451,000 |
| Total expenses | $183,686,000 |
| Change in net assets | $23,511,000 |
* Our Board-Designated Endowment ensures our ability to carry forward all our cases to completion, allowing us to smooth any cyclicality in revenues and plan for long-term sustainability. We generally budget to utilize 4% of the Endowment to fund our operating budget, though the Board releases additional funds from time to time if there are important needs and funds are available. Conversely, in periods when revenues exceed goals, less is drawn from the Endowment.
FY25 Statement of Financial Position
Assets
| Cash | $28,893,000 |
| Short-term & long-term investments | $215,268,000 |
| Accounts receivable | $17,028,000 |
| Other assets | $13,828,000 |
| Split-interest gift agreements | $18,499,000 |
| Operating right-of-use lease asset, net | $16,329,000 |
| Property and equipment, net | $5,847,000 |
| Total assets | $315,692,000 |
Liabilities
| Accounts payable and accrued liabilities | $16,263,000 |
| Deferred compensation liability | $3,404,000 |
| Operating lease liabilities | $19,043,000 |
| Liabilities related to split-interest gift agreements | $9,452,000 |
| Total liabilities | $48,162,000 |
Net Assets *
Without donor restrictions
| For current operations | $36,022,000 |
| Board-Designated Endowment Fund | $201,282,000 |
| Investment in property and equipment | $5,847,000 |
With donor restrictions
| Unspent purpose restricted fund | $8,102,000 |
| Time-restricted funds and investments | $9,109,000 |
| Split-interest gift reserves, net of liabilities | $4,646,000 |
| Endowment | $2,522,000 |
| Total net assets | $267,530,000 |
| Total liabilities and net assets | $315,692,000 |
* Our Board-Designated Endowment ensures our ability to carry forward all our cases to completion, allowing us to smooth any cyclicality in revenues and plan for long term sustainability. We generally budget to utilize 4% of the Endowment to fund our operating budget, though the Board releases additional funds from time to time if there are important needs and funds are available. Conversely, in periods when revenues exceed goals, less is drawn from the Endowment.
Fiscal Year 2024
Fiscal Year 2023
Fiscal Year 2022
Additional Resources
We’re a nonprofit in the business of building a better future.
Clean air.
Clean water.
Wild places.
At Earthjustice, we think they’re worth fighting for.