Center for Energy Efficiency and Renewable Technologies

Analysis

Center for Energy Efficiency and Renewable Technologies is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in January 1992, 34 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, Center for Energy Efficiency and Renewable Technologies reported income of $1.2m and spending of $1.3m, spending 107% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.9m to $1.2m (-38%), an average of -9.0% a year. The sharpest change came in the year to December 2021, when income dropped by 58%. Over the whole period it spent 99% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Center for Energy Efficiency and Renewable Technologies sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Royal River Conservation Trust ($1.2m), California Water Efficiency Partnership ($1.2m) and Great Lakes Bay Region Quality of Life Council ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $217k (17% of expenses). Other salaries and wages came to $233k. At year end it held assets of $672k against liabilities of $486k, net assets of $186k. It reported 9 employees.