Institute for Energy and Climate Strategies Inc

Analysis

Institute for Energy and Climate Strategies Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Institute for Energy and Climate Strategies Inc reported income of $52k and spending of $126k, spending 241% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $162k to $52k (-68%), an average of -68% a year. The sharpest change came in the year to December 2023, when income dropped by 68%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Institute for Energy and Climate Strategies Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Hawaii Institute of Integrative Health ($52k), Sweet Adelines International ($52k) and Americans for Free Choice in Medicine ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.