Northeast Sustainable Energy Association Inc

Analysis

Northeast Sustainable Energy Association Inc is a registered charity in United States, based in Greenfield, MA. It received its IRS tax-exemption ruling in July 1975, 51 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Northeast Sustainable Energy Association Inc reported income of $1.7m and spending of $1.5m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.7m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2021, when income rose by 82%. Over the whole period it spent 93% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Northeast Sustainable Energy Association Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Upstate Freshwater Institute Incorporated ($1.7m), Center for Rural Affairs Community Capital ($1.7m) and Rhododendron Species Foundation ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 49% of the total. Other salaries and wages came to $526k. At year end it held assets of $899k against liabilities of $214k, net assets of $685k. It reported 11 employees.