Switch Energy Alliance

Analysis

Switch Energy Alliance is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in November 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, Switch Energy Alliance reported income of $3.2m and spending of $2.3m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.2m (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2023, when income rose by 116%. Over the whole period it spent 74% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Switch Energy Alliance sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Georgia Association of Water Professionals Inc ($3.2m), American Freinds of Canadian Nature Inc ($3.2m) and Legacy Philanthropy Works ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $124k (5.5% of expenses). Other salaries and wages came to $220k. At year end it held assets of $4.0m against liabilities of $6,368, net assets of $4.0m. It reported 5 employees.