Sustainable Energy for Galena Alaska

Analysis

Sustainable Energy for Galena Alaska is a registered charity in United States, based in Galena, AK. It received its IRS tax-exemption ruling in June 2017, 9 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, Sustainable Energy for Galena Alaska reported income of $2.7m and spending of $2.5m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $641k to $2.7m (+315%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 100% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Sustainable Energy for Galena Alaska sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within AK. Charities of a similar size with the same main cause include My Green Lab Corp ($2.7m), Mountain Area Land Trust ($2.7m) and John J Tyler Arboretum ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $135k (5.3% of expenses). Other salaries and wages came to $764k. At year end it held assets of $425k against liabilities of $58k, net assets of $366k. It reported 24 employees.