Novara Energy Alliance
Analysis
Novara Energy Alliance is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Novara Energy Alliance reported income of $367k and spending of $410k, spending 112% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $610k to $367k (-40%), an average of -16% a year. The sharpest change came in the year to December 2022, when income rose by 174%. Over the whole period it spent 98% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Novara Energy Alliance sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within WA. Charities of a similar size with the same main cause include California Operation Lifesaver Inc ($367k), St Marys Public Library ($367k) and Mercy Auxiliary Joplin ($367k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. Compensation of current officers, directors and key employees was $95k (23% of expenses). Other salaries and wages came to $140k. At year end it held assets of $384k against liabilities of $200k, net assets of $184k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 34%
- Other 66%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| California Operation Lifesaver Inc | Graeagle | $367k |
| St Marys Public Library | Saint Marys | $367k |
| Mercy Auxiliary Joplin | Joplin | $367k |
| Eldergivers | San Francisco | $367k |