Utility Reform Network

Analysis

Utility Reform Network is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in February 1974, 52 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 June 2023, Utility Reform Network reported income of $6.4m and spending of $7.9m, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.3m to $6.4m (-22%), an average of -6.1% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Utility Reform Network sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include B E S T Opportunities Inc ($6.4m), Community Child Care Center of Delray Beach Inc ($6.4m) and Northwest Arkansas Economic Development District Inc ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $497k (6.3% of expenses). Other salaries and wages came to $2.8m. It paid $108k in professional fundraising fees. At year end it held assets of $16.3m against liabilities of $8.8m, net assets of $7.5m. It reported 29 employees.