Clean Energy Economy Minnesota

Analysis

Clean Energy Economy Minnesota is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 2016, 10 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, Clean Energy Economy Minnesota reported income of $1.1m and spending of $892k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $513k to $1.1m (+107%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 100% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Clean Energy Economy Minnesota sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MN. Charities of a similar size with the same main cause include Hawaii Wildfire Management Organization ($1.1m), Watershed Management Group Inc ($1.1m) and Montana Association of Conservation Districts ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $117k (13% of expenses). Other salaries and wages came to $331k. At year end it held assets of $248k against liabilities of $61k, net assets of $187k. It reported 7 employees.