Energy Independence Now

Analysis

Energy Independence Now is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Energy Independence Now reported income of $792k and spending of $809k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $320k to $792k (+147%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Energy Independence Now sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Kidcare Nutrition Sponsor ($792k), Sikh Temple Turlock California ($792k) and Volunteers of America Inc ($791k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $250k (31% of expenses). Other salaries and wages came to $63k. At year end it held assets of $132k against liabilities of $30k, net assets of $102k. It reported 2 employees.