Conservative Energy Network

Analysis

Conservative Energy Network is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in March 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, Conservative Energy Network reported income of $7.3m and spending of $5.6m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $7.3m (+75%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 88% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Conservative Energy Network sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MI. Charities of a similar size with the same main cause include Micronesia Conservation Trust ($7.3m), Santa Barbara Botanic Garden Inc ($7.3m) and Groundswell Inc ($7.3m).

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 $337k (6.0% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $4.6m against liabilities of $20k, net assets of $4.6m. It reported 37 employees.