The National Association of State Energy Officials

Analysis

The National Association of State Energy Officials is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in February 1988, 38 years ago. 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 September 2023, The National Association of State Energy Officials reported income of $6.8m and spending of $5.8m, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.1m to $6.8m (+64%), an average of +13% a year. The sharpest change came in the year to September 2023, when income rose by 46%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The National Association of State Energy Officials sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include Tashbar of Lakewood Inc ($6.8m), Jobforward Inc ($6.8m) and Arc of Centre County Inc ($6.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $616k (11% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $5.8m against liabilities of $3.0m, net assets of $2.8m. It reported 19 employees.