Clean Energy Economy for the Region

Analysis

Clean Energy Economy for the Region is a registered charity in United States, based in Carbondale, CO. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Clean Energy Economy for the Region reported income of $2.2m and spending of $2.2m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $721k to $2.2m (+207%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 109%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clean Energy Economy for the Region sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Ase Education Foundation ($2.2m), Sunburst Projects ($2.2m) and Habitat for Humanity International Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $95k (4.3% of expenses). Other salaries and wages came to $449k. At year end it held assets of $1.5m against liabilities of $1.2m, net assets of $367k. It reported 12 employees.