Energy Assistance Foundation

Analysis

Energy Assistance Foundation is a registered charity in United States, based in Decatur, IL. It received its IRS tax-exemption ruling in April 1983, 43 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Energy Assistance Foundation reported income of $782k and spending of $1.2m, spending 158% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $771k to $782k (+1.4%), an average of +0.4% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Energy Assistance Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Marathon Cooperative Inc ($782k), Senior Citizens Housing Development Corporation of South Boston Inc ($782k) and Fair Housing Center of Washtenaw County Inc ($782k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $98k (7.9% of expenses). Other salaries and wages came to $75k. At year end it held assets of $2.1m against liabilities of $78k, net assets of $2.0m. It reported 2 employees.