Energy Right

Analysis

Energy Right is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in July 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, Energy Right reported income of $564k and spending of $442k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $450k to $564k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 56% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Energy Right sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include National Conservation Foundation ($563k), Northern Prairies Land Trust ($564k) and Protect Our Aquifer ($563k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $192k (44% of expenses). Other salaries and wages came to $73k. At year end it held assets of $454k against liabilities of $6,357, net assets of $447k. It reported 4 employees.