Advanced Energy Institute

Analysis

Advanced Energy Institute is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2009, 17 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, Advanced Energy Institute reported income of $21.3m and spending of $9.8m, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.8m to $21.3m (+345%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 169%. Over the whole period it spent 68% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Advanced Energy Institute sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 93rd percentile within DC. Charities of a similar size with the same main cause include Yellowstone Forever ($21.3m), Hawaiian Islands Land Trust ($21.4m) and Global Environment & Technology Foundation ($21.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $472k (4.8% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $20.0m against liabilities of $2.4m, net assets of $17.6m.