Southwest Energy Efficiency Project LLC

Analysis

Southwest Energy Efficiency Project LLC is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in March 2003, 23 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, Southwest Energy Efficiency Project LLC reported income of $2.4m and spending of $2.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.4m (+5.9%), an average of +1.5% a year. The sharpest change came in the year to December 2020, when income dropped by 38%. Over the whole period it spent 103% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Southwest Energy Efficiency Project LLC sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Winous Point Marsh Conservancy ($2.4m), Lan Su Chinese Garden ($2.4m) and Alliance for Affordable Energy ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $188k (7.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.9m against liabilities of $321k, net assets of $2.6m. It reported 17 employees.