Efficiency Forward Inc

Analysis

Efficiency Forward Inc is a registered charity in United States, based in Medford, MA. It received its IRS tax-exemption ruling in March 1998, 28 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 December 2023, Efficiency Forward Inc reported income of $9.4m and spending of $9.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.8m to $9.4m (-13%), an average of -3.5% a year. Over the whole period it spent 98% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Efficiency Forward Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include Environmental Health Coalition ($9.4m), Rainforest Foundation Inc ($9.4m) and Vote Solar ($9.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $523k (5.6% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $6.1m against liabilities of $1.3m, net assets of $4.8m. It reported 28 employees.