National Initiative by Consumers Ofenergy

Analysis

National Initiative by Consumers Ofenergy is a registered charity in United States, based in Shorewood, MN. It received its IRS tax-exemption ruling in May 2007, 19 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, National Initiative by Consumers Ofenergy reported income of $972k and spending of $968k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $766k to $972k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, National Initiative by Consumers Ofenergy sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MN. Charities of a similar size with the same main cause include Sustainable Coastlines Hawaii ($972k), African Center for Aquatic Research and Education Inc ($973k) and Solar Electric Light Fund ($971k).

Compensation of current officers, directors and key employees was $97k (10% of expenses). At year end it held assets of $112k against liabilities of $83k, net assets of $29k.