Alliance for Clean Energy New York Inc

Analysis

Alliance for Clean Energy New York Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in September 2006, 20 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 December 2023, Alliance for Clean Energy New York Inc reported income of $3.3m and spending of $3.1m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $3.3m (+186%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 93% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Alliance for Clean Energy New York Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Conservation Trust for North Carolina ($3.3m), New Jersey Environmental Justice Alliance Inc ($3.3m) and Sacramento Tree Foundation Incorporated ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $330k (11% of expenses). Other salaries and wages came to $668k. At year end it held assets of $2.7m against liabilities of $871k, net assets of $1.8m. It reported 13 employees.