Alliance for Green Heat

Analysis

Alliance for Green Heat is a registered charity in United States, based in Takoma Park, MD. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Alliance for Green Heat reported income of $1.2m and spending of $1.4m, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $359k to $1.2m (+246%), an average of +246% a year. The sharpest change came in the year to December 2023, when income rose by 246%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alliance for Green Heat sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MD. Charities of a similar size with the same main cause include The Childrens Scholarship Fund of Pennsylvania ($1.2m), Faustina Academy ($1.2m) and Cor Deo School ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $105k (7.4% of expenses). At year end it held assets of $121k against liabilities of $0, net assets of $121k. It reported 3 employees.