Peoples Action for Clean Energy Inc

Analysis

Peoples Action for Clean Energy Inc is a registered charity in United States, based in West Simsbury, CT. It received its IRS tax-exemption ruling in September 1977, 49 years ago. 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 August 2023, Peoples Action for Clean Energy Inc reported income of $183k and spending of $136k, leaving 25% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income fell from $211k to $183k (-13%), an average of -13% a year. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peoples Action for Clean Energy Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within CT. Charities of a similar size with the same main cause include TNR Taskforce Inc ($183k), Sunrise Court Housing ($183k) and Hope for Life Inc ($183k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $68k. At year end it held assets of $180k against liabilities of $318, net assets of $179k. It reported 1 employees.