Center for Energy and Environment

Analysis

Center for Energy and Environment is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Center for Energy and Environment reported income of $24.5m and spending of $24.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $18.5m to $24.5m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 103% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Center for Energy and Environment 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 MN. Charities of a similar size with the same main cause include Chesapeake Conservancy Inc ($24.5m), Rivers & Lands Conservancy ($24.6m) and Harvest Eco-Salvage ($24.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $1.3m (5.5% of expenses). Other salaries and wages came to $13.0m. At year end it held assets of $46.4m against liabilities of $8.2m, net assets of $38.2m. It reported 249 employees.