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American Council for an Energy Efficient Economy

RegisteredEIN 94-2711707Washington, DCEnvironment and conservation
Income$13.8m2023-12
Spending$13.9msame year
Spent / received102%5-year average
Size in its cause98th pctEnvironment and conservation
Exempt since1981Publicly supported organisat
Employees98latest return

Analysis

American Council for an Energy Efficient Economy is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 1981, 45 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, American Council for an Energy Efficient Economy reported income of $13.8m and spending of $13.9m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.2m to $13.8m (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 102% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, American Council for an Energy Efficient Economy sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 90th percentile within DC. Charities of a similar size with the same main cause include Queens Botanical Garden Society Inc ($13.7m), San Francisco Estuary Institute ($13.8m) and Resources for the Future Inc ($13.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $825k (5.9% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $19.7m against liabilities of $8.9m, net assets of $10.8m. It reported 98 employees.

Income and spending

$0$3.5m$7.0m$10.5m$13.9m2019 Income: $9,172,3202019 Spending: $9,416,71820192020 Income: $7,982,6862020 Spending: $9,198,97620202021 Income: $13,111,6472021 Spending: $9,989,92520212022 Income: $10,364,1592022 Spending: $12,950,15420222023 Income: $13,757,0642023 Spending: $13,948,6642023
IncomeSpending

Where the income comes from

  • Contributions & grants 65%
  • Program services 34%
  • Other 1.2%

Similar-sized charities, same cause

CharityLocationIncome
Queens Botanical Garden Society IncFlushing$13.7m
San Francisco Estuary InstituteRichmond$13.8m
Resources for the Future IncWashington$13.7m
Casey TreesWashington$13.8m