Energy Unlimited NFP

Analysis

Energy Unlimited NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, 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, Energy Unlimited NFP reported income of $57k and spending of $70k, spending 123% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $4,000 to $57k (+1328%), an average of +278% a year. The sharpest change came in the year to December 2022, when income rose by 861%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Energy Unlimited NFP sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within IL. Charities of a similar size with the same main cause include Youth Arts New York Inc ($57k), Grosse Pointe Garden Center Inc ($57k) and Cherokee Civic Theatre Inc ($57k).

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 $1,277 against liabilities of $0, net assets of $1,277.