Community Power

Analysis

Community Power is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 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, Community Power reported income of $1.5m and spending of $877k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $231k to $1.5m (+546%), an average of +59% a year. The sharpest change came in the year to December 2021, when income rose by 208%. Over the whole period it spent 47% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Community Power sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include New Jersey Water Environment Assoc ($1.5m), Native Seeds Southwestrn Endangered Aridland Resources Clearing House ($1.5m) and Algae Foundation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $196k (22% of expenses). Other salaries and wages came to $311k. At year end it held assets of $2.5m against liabilities of $38k, net assets of $2.4m. It reported 9 employees.