Passive House New England Inc

Analysis

Passive House New England Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in January 2016, 10 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, Passive House New England Inc reported income of $199k and spending of $109k, leaving 45% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $137k to $199k (+46%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 60% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Passive House New England Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Friends of the Mariana Trench ($199k), Lifetides Institute ($199k) and Fox River Study Group ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $233k against liabilities of $0, net assets of $233k.