Great Lakes Renewable Energy Association Inc
Analysis
Great Lakes Renewable Energy Association Inc is a registered charity in United States, based in Madison HTS, MI. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Great Lakes Renewable Energy Association Inc reported income of $87k and spending of $38k, leaving 56% of income unspent that year. Across the 5 years on record, from September 2019 to December 2023, income fell from $312k to $87k (-72%), an average of -27% a year. The sharpest change came in the year to September 2020, when income dropped by 59%. Over the whole period it spent 68% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Great Lakes Renewable Energy Association Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within MI. Charities of a similar size with the same main cause include Ogden Valley Land Trust Inc ($87k), Pollinator Friendly Alliance Inc ($87k) and Friends of Indiana Dunes Inc ($87k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 26% of the total. At year end it held assets of $198k against liabilities of $0, net assets of $198k.
Income and spending
Where the income comes from
- Contributions & grants 65%
- Program services 26%
- Other 8.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ogden Valley Land Trust Inc | Huntsville | $87k |
| Pollinator Friendly Alliance Inc | Stillwater | $87k |
| Friends of Indiana Dunes Inc | Beverly SHRS | $87k |
| Kinderhook Lake Corporation | Niverville | $88k |