Pp&l Sustainable Energy Fund Inc

Analysis

Pp&l Sustainable Energy Fund Inc is a registered charity in United States, based in Schnecksville, PA. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pp&l Sustainable Energy Fund Inc reported income of $1.6m and spending of $2.2m, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2020, when income rose by 60%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pp&l Sustainable Energy Fund Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include National Church Residences of ($1.6m), Southwestern Texas Synod Outdoor an D Retreat Ministries Inc Dba Cross ($1.6m) and Sandpoint Waldorf School ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $205k (9.3% of expenses). Other salaries and wages came to $616k. At year end it held assets of $20.2m against liabilities of $341k, net assets of $19.9m. It reported 10 employees.