Renewable Energy Development Institute

Analysis

Renewable Energy Development Institute is a registered charity in United States, based in Willits, CA. It received its IRS tax-exemption ruling in September 1994, 32 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, Renewable Energy Development Institute reported income of $333k and spending of $226k, leaving 32% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $79k to $333k (+321%), an average of +61% a year. The sharpest change came in the year to December 2022, when income rose by 245%. Over the whole period it spent 85% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Renewable Energy Development Institute sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Healthy Housing Omaha ($332k), Bitterroot Water Partnership ($333k) and Buffalo Field Campaign ($332k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $3.3m against liabilities of $2.9m, net assets of $384k.