Clean Energy Group Inc

Analysis

Clean Energy Group Inc is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Clean Energy Group Inc reported income of $1.9m and spending of $1.5m, spending 82% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $1.9m (+20%), an average of +6.2% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 104% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Clean Energy Group Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within VT. Charities of a similar size with the same main cause include Michigan Environmental Justice Coalition ($1.9m), Southwestern Environmental Education Exchange ($1.9m) and North and South Rivers Watershed Association Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $279k (18% of expenses). Other salaries and wages came to $244k. At year end it held assets of $2.6m against liabilities of $579k, net assets of $2.0m. It reported 20 employees.