Energy Services Inc

Analysis

Energy Services Inc is a registered charity in United States, based in Fitchburg, WI. It received its IRS tax-exemption ruling in March 1984, 42 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 September 2023, Energy Services Inc reported income of $30.5m and spending of $28.4m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $10.1m to $30.5m (+202%), an average of +32% a year. The sharpest change came in the year to September 2023, when income rose by 47%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Energy Services Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include Center for Community Action ($30.5m), Housing Initiatives of New England ($30.6m) and Buckner Senior Living Inc ($30.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $1.1m (3.7% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $10.9m against liabilities of $1.3m, net assets of $9.5m. It reported 164 employees.