United States Energy Foundation

Analysis

United States Energy Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, United States Energy Foundation reported income of $286.0m and spending of $219.1m, leaving 23% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $186.4m to $286.0m (+53%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 115%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, United States Energy Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include The New York Community Trust ($282.5m), RF Catalytic Capital Inc ($289.0m) and The Jewish Federations of North America Inc ($278.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $2.0m (0.9% of expenses). Other salaries and wages came to $15.2m. At year end it held assets of $195.7m against liabilities of $16.2m, net assets of $179.4m. It reported 141 employees.