Foundation of the Energy Law Journal

Analysis

Foundation of the Energy Law Journal is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foundation of the Energy Law Journal reported income of $86k and spending of $101k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $81k to $86k (+5.6%), an average of +1.4% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Foundation of the Energy Law Journal sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 16th percentile within DC. Charities of a similar size with the same main cause include The Heritage Museum of the Texas Hill Country Assn ($86k), Friends of Shawano County Libraries Inc ($86k) and Frankfort Development Trust Inc ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 4.2% of the total. At year end it held assets of $667k against liabilities of $14k, net assets of $653k.