Energy Conservation Associates Inc

Analysis

Energy Conservation Associates Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in July 1982, 44 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Conservation Associates Inc reported income of $222k and spending of $226k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $202k to $222k (+9.7%), an average of +2.3% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Energy Conservation Associates Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within KY. Charities of a similar size with the same main cause include Eau Claire County Housing Inc ($222k), Freedom House Ministries Inc ($222k) and Bensonhurst Housing for the Elderly ($222k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $118k. At year end it held assets of $93k against liabilities of $4,491, net assets of $89k. It reported 6 employees.