Fresh Energy

Analysis

Fresh Energy is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in December 1992, 34 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 January 2024, Fresh Energy reported income of $5.8m and spending of $8.7m, spending 152% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income grew from $2.3m to $5.8m (+146%), an average of +25% a year. The sharpest change came in the year to January 2021, when income rose by 253%. Over the whole period it spent 88% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Fresh Energy sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MN. Charities of a similar size with the same main cause include Catawba Lands Conservancy ($5.8m), The Big Sky Community Organization ($5.8m) and Great Basin Land and Water ($5.7m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 97% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $463k (5.3% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $9.2m against liabilities of $687k, net assets of $8.5m. It reported 38 employees.