New Energy Foundation Inc

Analysis

New Energy Foundation Inc is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, New Energy Foundation Inc reported income of $437k and spending of $434k, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $126k to $437k (+246%), an average of +51% a year. The sharpest change came in the year to December 2022, when income rose by 184%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Energy Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within NH. Charities of a similar size with the same main cause include Capitol Theatre Foundation ($437k), Deltaville Maritime Museum & Holly Point Nature Park Inc ($438k) and Second Chance DV Sa Shelter ($437k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $30k (7.0% of expenses). Other salaries and wages came to $400. At year end it held assets of $13k against liabilities of $0, net assets of $13k. It reported 1 employees.