Energy and Environmental Research Center Foundation

Analysis

Energy and Environmental Research Center Foundation is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Energy and Environmental Research Center Foundation reported income of $9.9m and spending of $8.7m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $67k to $9.9m (+14778%), an average of +249% a year. The sharpest change came in the year to June 2022, when income rose by 2878%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Energy and Environmental Research Center Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within ND. Charities of a similar size with the same main cause include Community Foundation of Anne Arundel County Inc ($9.9m), Friends of Ahavat Shalom Inc ($10.0m) and United Way of Anchorage ($9.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. At year end it held assets of $7.3m against liabilities of $2.5m, net assets of $4.8m.