Smart Electric Power Alliance

Analysis

Smart Electric Power Alliance is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2007, 19 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, Smart Electric Power Alliance reported income of $18.4m and spending of $11.9m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.3m to $18.4m (+79%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 79% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Smart Electric Power Alliance sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 92nd percentile within DC. Charities of a similar size with the same main cause include Triangle Land Conservancy Inc ($18.2m), Cool Effect Inc ($18.8m) and Environmental Working Group ($18.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $412k (3.5% of expenses). Other salaries and wages came to $6.8m. At year end it held assets of $33.3m against liabilities of $7.1m, net assets of $26.2m. It reported 70 employees.