Combined Heat and Power Alliance

Analysis

Combined Heat and Power Alliance is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in September 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Combined Heat and Power Alliance reported income of $339k and spending of $433k, spending 128% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $283k to $339k (+20%), an average of +6.2% a year. The sharpest change came in the year to December 2022, when income rose by 172%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Combined Heat and Power Alliance sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Iu Mien Community Services ($339k), Japanese American Museum of San Jose ($339k) and Wilmington Ballet Academy of the Dance Inc ($339k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $83k against liabilities of $10k, net assets of $73k.