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Environment & Animals · 2023 Form 990

Rivian Foundation: $25.0M Revenue, $188K Expenses

Irvine, California · EIN 873878063 · Filing year 2023

Rivian Foundation reported $25.0M in total revenue, $188K in total expenses, and $24.8M in total assets on its 2023 IRS Form 990. Current-officer compensation is not separately reported on this 990 filing. NonprofitTruth efficiency grade: C (54/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
C
Efficiency Score
54/100

Key Facts (2023 Form 990)

Total Revenue
$25.0M
Total Expenses
$188K
Total Assets
$24.8M
Reserve Months
1581.8 months
Surplus / (Deficit)
$24.8M
EIN
873878063
Latest 990 Year
2023
Current-Officer Compensation
Not reported
Officer Comp % of Revenue
N/A

Rivian Foundation earns a C on the efficiency rubric — the median bucket on the NonprofitTruth scale, indicating performance close to the national midpoint across financial reserves, officer compensation, and revenue consistency. Composite score: 54/100.

At $25.0M in 2023 revenue, Rivian Foundation sits in the mid-range of the U.S. nonprofit distribution. Most organizations of this scale operate regionally or focus on a single program area. Reserves are the limiting factor: Rivian Foundation carries relatively few months of operating expenses on its balance sheet, which can leave an organization exposed if a major funding source pauses.

Five-year revenue trajectory is strongly positive: Rivian Foundation has grown materially in real terms, which usually signals successful fundraising and program expansion. Current-officer compensation is not separately reported in the filing — typical for nonprofits where leadership is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. Rivian Foundation works in Environment & Animals — environmental, conservation, animal-welfare, and natural-resources programs. The sector spans large international conservation groups and small local land trusts; the financial profile varies accordingly.


$25.0M
Revenue
$188K
Expenses
$24.8M
Total Assets
N/A
Officer Compensation

How Rivian Foundation Compares

Rivian Foundation earns a NonprofitTruth efficiency grade of C (54/100). That is 9 points below the Environment & Animals category average. The organization holds 1581.8 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$188K
Total Expenses
Filing year 2023
Not reported
Officer Compensation
on this 990
1581.8 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Rivian Foundation reported $25.0M in revenue against $188K in total functional expenses for filing year 2023, holding roughly 1581.8 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

Trend

Revenue History

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Rivian Foundation has a NonprofitTruth Efficiency Score of C (54/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Rivian Foundation, Donor FAQ

Rivian Foundation has a NonprofitTruth Efficiency Score of C (54/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Current-officer compensation for Rivian Foundation is not separately reported in the most recent IRS Form 990 on file. This is common when leadership is paid through a related entity or the organization files a short-form return.

Rivian Foundation reported $25.0M in annual revenue and $188K in total expenses for filing year 2023. The organization holds $24.8M in total assets.

Rivian Foundation holds approximately 1581.8 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its C efficiency grade.

Rivian Foundation is a registered 501(c) organization with EIN 873878063, based in Irvine, California. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.