Southface Energy Institute Inc

Analysis

Southface Energy Institute Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 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 December 2023, Southface Energy Institute Inc reported income of $7.3m and spending of $7.9m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.7m to $7.3m (+9.0%), an average of +2.2% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 104% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Southface Energy Institute Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Santa Barbara Botanic Garden Inc ($7.3m), Voyageur Outward Bound School ($7.4m) and Conservative Energy Network ($7.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $525k (6.7% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $9.1m against liabilities of $5.8m, net assets of $3.3m. It reported 50 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.