Utah Clean Energy Alliance Inc

Analysis

Utah Clean Energy Alliance Inc is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in November 2002, 24 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, Utah Clean Energy Alliance Inc reported income of $4.8m and spending of $1.9m, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $4.8m (+234%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 184%. Over the whole period it spent 46% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Utah Clean Energy Alliance Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within UT. Charities of a similar size with the same main cause include Audubon Canyon Ranch Inc ($4.8m), New England Forestry Foundation Inc ($4.9m) and Greenroots Inc ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $311k (17% of expenses). Other salaries and wages came to $877k. At year end it held assets of $12.6m against liabilities of $1.2m, net assets of $11.4m. It reported 17 employees.