Iowa Business for Clean Energy

Analysis

Iowa Business for Clean Energy is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Iowa Business for Clean Energy reported income of $111k and spending of $89k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $111k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 89% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Iowa Business for Clean Energy sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within IA. Charities of a similar size with the same main cause include Footprints Running LLC ($111k), Rose Garden Restoration Committee ($112k) and Woodside-Atherton Garden Club ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.