Beneficial Electrification League

Analysis

Beneficial Electrification League is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in November 2020, 6 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, Beneficial Electrification League reported income of $2.8m and spending of $2.1m, leaving 24% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $239k to $2.8m (+1078%), an average of +243% a year. The sharpest change came in the year to December 2022, when income rose by 356%. Over the whole period it spent 76% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Beneficial Electrification League sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Environmental League of Massachusetts Inc ($2.8m), Iowa Agriculture Water Alliance ($2.8m) and Midcoast Conservancy ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.9% of the total. At year end it held assets of $1.1m against liabilities of $4,762, net assets of $1.1m.