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Shared Energy Future Foundation

RegisteredEIN 85-1613610Sacramento, CAGrant-making and general purposes
Income$204k2023-12
Spending$93ksame year
Spent / received62%2-year average
Size in its cause58th pctGrant-making and general purposes
Exempt since2022Publicly supported organisat
Employees0latest return

Analysis

Shared Energy Future Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in July 2022, 4 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, Shared Energy Future Foundation reported income of $204k and spending of $93k, leaving 55% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $186k to $204k (+9.9%), an average of +9.9% a year. Over the whole period it spent 62% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Shared Energy Future Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Scribner Area Foundation ($204k), White Rose Foundation Inc ($205k) and Rochester Businessmans Charitable Organization Inc ($204k).

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 $252k against liabilities of $0, net assets of $252k.

Income and spending

$0$51k$102k$153k$204k2022 Income: $186,0002022 Spending: $151,02220222023 Income: $204,5002023 Spending: $92,5892023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Scribner Area FoundationScribner$204k
White Rose Foundation IncBowie$205k
Rochester Businessmans Charitable Organization IncPittsford$204k
Atchison United Way BoardAtchison$205k