Good Energy Collective Incorporated

Analysis

Good Energy Collective Incorporated is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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, Good Energy Collective Incorporated reported income of $2.0m and spending of $1.1m, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.7m to $2.0m (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 47% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Good Energy Collective Incorporated sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Stuhr Museum of the Prairie Pioneer ($2.0m), Love Station Inc ($2.0m) and Pensacola Little Theatre Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $382k (35% of expenses). Other salaries and wages came to $243k. At year end it held assets of $2.0m against liabilities of $33k, net assets of $1.9m. It reported 11 employees.