Energy Allies a NJ Nonprofit Corporation

Analysis

Energy Allies a NJ Nonprofit Corporation is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in September 2014, 12 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, Energy Allies a NJ Nonprofit Corporation reported income of $745k and spending of $950k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $403k to $745k (+85%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 57%. Over the whole period it spent 96% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Energy Allies a NJ Nonprofit Corporation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Maidu Summit Consortium ($745k), Big Hole Watershed Committee ($746k) and Groundwork New Orleans ($744k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $129k (14% of expenses). Other salaries and wages came to $529k. At year end it held assets of $160k against liabilities of $44k, net assets of $116k. It reported 14 employees.