Northeast Energy Efficiency Partnerships Inc

Analysis

Northeast Energy Efficiency Partnerships Inc is a registered charity in United States, based in Woburn, MA. It received its IRS tax-exemption ruling in February 2017, 9 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, Northeast Energy Efficiency Partnerships Inc reported income of $4.4m and spending of $4.6m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $4.4m (+24%), an average of +5.5% a year. Over the whole period it spent 98% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Northeast Energy Efficiency Partnerships Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Flourish Agenda Inc ($4.4m), Evergreen Climate Innovations ($4.4m) and Compatible Lands Foundation Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $240k (5.2% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $4.1m against liabilities of $907k, net assets of $3.2m. It reported 41 employees.