North Carolina Sustainable Energy Association

Analysis

North Carolina Sustainable Energy Association is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in March 1979, 47 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 2024, North Carolina Sustainable Energy Association reported income of $2.3m and spending of $2.1m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.0m to $2.3m (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2021, when income rose by 67%. Over the whole period it spent 98% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, North Carolina Sustainable Energy Association sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NC. Charities of a similar size with the same main cause include 300 Committee Land Trust Inc ($2.3m), Washington Farmland Trust ($2.3m) and Institute for Energy Research ($2.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% and program service revenue 7.4% of the total. Compensation of current officers, directors and key employees was $575k (27% of expenses). Other salaries and wages came to $519k. At year end it held assets of $2.0m against liabilities of $354k, net assets of $1.6m. It reported 24 employees.