The PIW website states that the group was created "in response to the growing misuse of charitable funds by nonprofit organizations and the lack of effort by government agencies to deal with the problem."
In March 2006 the Wall Street Journal reported that PIW received approximately 95% of its funding from ExxonMobil during the fiscal year ended July 31, 2004.
US citizens, taxpayers and shareholders "are entitled to know as much about the tax-exempt entities to which the federal government provides tax subsidies, contracts or access to policy debates as they do about publicly traded corporations," they wrote.
In September 2003 PIW complained to the Internal Revenue Service claiming that Greenpeace tax returns were inaccurate and breached the law.
In a column filed with the Copley News Service Doug Bandow, a senior fellow at the Cato Institute and James Madison Scholar with the American Legislative Exchange Council, while conceding the Greenpeace had a right to advocate its beliefs, railed against non-profit groups having a tax-deductible 501c(3) entity that can transfer funds to a non-deductible 501 c (4) entity.
[3] In a letter to the editor in the Washington Times, Greenpeace's operations manager, Bill Richardson, ridiculed PIW's claim that the warehouse location was secret.