The Energy Foundation

Analysis

The Energy Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 1991, 35 years ago. 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, The Energy Foundation reported income of $84.5m and spending of $77.3m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $125.6m to $84.5m (-33%), an average of -9.4% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Energy Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Catholic Guardian Services ($84.3m), Medical College of Wisconson Affiliated Hospitals Inc ($84.5m) and Maryland Family Care Inc ($84.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $1.2m (1.5% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $109.8m against liabilities of $18.9m, net assets of $90.9m. It reported 6 employees.