Virginia Energy Efficiency Council

Analysis

Virginia Energy Efficiency Council is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in May 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, Virginia Energy Efficiency Council reported income of $153k and spending of $237k, spending 155% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $334k to $153k (-54%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. 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, Virginia Energy Efficiency Council sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within VA. Charities of a similar size with the same main cause include Westwood Land Trust Inc ($153k), Environmental Community Advocates of Galena Park ($153k) and Genesee Waterways Center Inc ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $124k against liabilities of $5,716, net assets of $118k.