Capital District Community Energy Inc

Analysis

Capital District Community Energy Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in September 2023, 3 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, Capital District Community Energy Inc reported income of $58k and spending of $91k, spending 156% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $70k to $58k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 88% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Capital District Community Energy Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Hamburg Snowmobile Club Inc ($58k), Friends of Maclay Gardens Inc ($58k) and Hillsdale County Conservation Club Incorporated ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $7,291, net assets of $11k.