Strategic Energy Innovations

Analysis

Strategic Energy Innovations is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Strategic Energy Innovations reported income of $9.3m and spending of $10.0m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.9m to $9.3m (+91%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 97% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Strategic Energy Innovations sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Global Energy Monitor ($9.3m), The Finger Lakes Land Trust Inc ($9.3m) and Forth ($9.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $316k (3.2% of expenses). Other salaries and wages came to $6.1m. At year end it held assets of $5.2m against liabilities of $1.4m, net assets of $3.8m. It reported 217 employees.