West Penn Power Sustainable Energy Fund

Analysis

West Penn Power Sustainable Energy Fund is a registered charity in United States, based in Greensburg, PA. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, West Penn Power Sustainable Energy Fund reported income of $573k and spending of $1.7m, spending 295% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $573k (-62%), an average of -22% a year. The sharpest change came in the year to December 2021, when income rose by 149%. Over the whole period it spent 71% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, West Penn Power Sustainable Energy Fund sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Womens Center for Entrepreneurship Corp ($573k), Seattle Rotary Service Foundation ($573k) and Onewest Corporation ($572k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 17% of the total. At year end it held assets of $32.4m against liabilities of $1.0m, net assets of $31.4m.