Renewable Energy for Better Life Foundation

Analysis

Renewable Energy for Better Life Foundation is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in January 2015, 11 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, Renewable Energy for Better Life Foundation reported income of $167k and spending of $6,095, leaving 96% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $200k to $167k (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2022, when income dropped by 124%. Over the whole period it spent 13% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Renewable Energy for Better Life Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Breathe Utah ($167k), Maine Wilderness Watershed Trust Inc ($167k) and Livingston Land Conservancy Inc ($167k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $1.0m against liabilities of $102k, net assets of $900k.