Energy Communities Alliance Inc

Analysis

Energy Communities Alliance Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, Energy Communities Alliance Inc reported income of $1.8m and spending of $1.5m, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $924k to $1.8m (+91%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 105%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Energy Communities Alliance Inc 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 85th percentile, and in the 65th percentile within DC. Charities of a similar size with the same main cause include Project Equity ($1.8m), Winners at Work Inc ($1.8m) and Minot Community Foundation ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $1.7m against liabilities of $311k, net assets of $1.3m.