Local Energy Aggregation Network

Analysis

Local Energy Aggregation Network is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in January 2014, 12 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 December 2023, Local Energy Aggregation Network reported income of $151k and spending of $163k, spending 108% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $274k to $151k (-45%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 114% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Local Energy Aggregation Network sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Spider Chain of Lakes Improvement Association ($151k), Nac Conservation Inc ($151k) and Pokegama Lake Association ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $87k against liabilities of $71k, net assets of $16k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.