Midwest Renewable Energy Association Inc

Analysis

Midwest Renewable Energy Association Inc is a registered charity in United States, based in Custer, WI. It received its IRS tax-exemption ruling in November 1994, 32 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 June 2023, Midwest Renewable Energy Association Inc reported income of $1.7m and spending of $1.9m, spending 110% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $2.0m to $1.7m (-14%), an average of -4.7% a year. Over the whole period it spent 96% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Midwest Renewable Energy Association Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within WI. Charities of a similar size with the same main cause include Mendocino Land Trust Incorporated ($1.7m), The Reuse People of America Inc ($1.7m) and Eastern Shore Land Conservancy Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $93k (4.9% of expenses). Other salaries and wages came to $988k. At year end it held assets of $1.5m against liabilities of $227k, net assets of $1.3m. It reported 42 employees.