Alliance for Affordable Energy

Analysis

Alliance for Affordable Energy is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in June 2021, 5 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 June 2023, Alliance for Affordable Energy reported income of $2.4m and spending of $2.3m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $321k to $2.4m (+640%), an average of +65% a year. The sharpest change came in the year to June 2022, when income rose by 345%. Over the whole period it spent 72% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Alliance for Affordable Energy sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within LA. Charities of a similar size with the same main cause include California Environmental Voters Education Fund ($2.4m), Winous Point Marsh Conservancy ($2.4m) and Mt Adams Institute ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $626k. At year end it held assets of $1.7m against liabilities of $36k, net assets of $1.7m. It reported 8 employees.