Power Environmental Energy Research Institute

Analysis

Power Environmental Energy Research Institute is a registered charity in United States, based in Covina, CA. It received its IRS tax-exemption ruling in July 2009, 17 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 May 2023, Power Environmental Energy Research Institute reported income of $975k and spending of $800k, spending 82% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $637k to $975k (+53%), an average of +11% a year. The sharpest change came in the year to May 2021, when income rose by 71%. Over the whole period it spent 130% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Power Environmental Energy Research Institute 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 80th percentile within CA. Charities of a similar size with the same main cause include International Association for Impact Assessment Inc ($975k), Great Meadow Foundation ($975k) and Los Padres Forest Watch ($974k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $30k (3.8% of expenses). Other salaries and wages came to $433k. At year end it held assets of $356k against liabilities of $581k, net assets of -$224k. It reported 12 employees.