Renewable Energy Scholarship Foundation

Analysis

Renewable Energy Scholarship Foundation is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 2005, 21 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 Scholarship Foundation reported income of $94k and spending of $43k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $94k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 45% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Renewable Energy Scholarship Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within OR. Charities of a similar size with the same main cause include Ny Nanum Foundation Inc ($94k), Ohios Hill Country Heritage Area ($94k) and Wildlens Inc ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $146k against liabilities of $0, net assets of $146k.