Sustainable Energy Utility
Also known as Delaware Sustainable Energy Utility
Sustainable Energy Utility reported $48.7 million in revenue and $35.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $95.13 went to program services, $4.87 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 81.5% of the total. Government grants made up 81.5%. The highest compensation it reported for one person was $135,000 (EXECUTIVE DI). 2 people received more than $100,000 in reportable compensation. Revenue rose 165% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $35MFor context, the median across 371 covered environment charities: $85.82 programs, $10.80 management, $3.38 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $49MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 95.1% | 83.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 4.9% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 3.3% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.03 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 81.5% | 87.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 81.5% | 4.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 11.8% | 3.2% |
| Highest reported compensation Part VII-A, columns D–F | $135,000 | $293,532 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.38% | 1.74% |
| People paid over $100,000 Part VII, line 2 | 2 | 7 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 36.8 | 18.8 |
| Independent voting board members Part VI 1a–1b | 10 of 10 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EXECUTIVE DI Highest compensated employee, 40.00 hrs/week | $135,000 | $0 | $0 | $135,000 |
| EMPLOYEE Highest compensated employee, 40.00 hrs/week | $110,711 | $0 | $0 | $110,711 |
2 people received more than $100,000 in reportable compensation from Sustainable Energy Utility (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b10 · 10 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 58
- Volunteers Part I, line 610
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| FRANKLIN ENERGY SERVICES | $2,721,462 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Sustainable Energy Utility's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Sustainable Energy Utility, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Sustainable Energy Utility spent in FY2025, $95.13 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Center for International Forestry ResearchAlexandria, VA · revenue $49M · programs 84.2% · 2024
- Ocean ConservancyWashington, DC · revenue $49M · programs 74.1% · FY2025
- The Living DesertPalm Desert, CA · revenue $48M · programs 88.0% · FY2025
- Climate United FundBethesda, MD · revenue $49M · programs 69.9% · FY2025
- Great Barrier Reef Foundation USAWashington, DC · revenue $48M · programs 99.7% · FY2025
Questions people ask
How much of Sustainable Energy Utility's spending goes to programs?
In the fiscal year ending June 30, 2025, Sustainable Energy Utility reported that 95.1% of its $35.3 million in expenses went to program services, 4.9% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Sustainable Energy Utility pay its top executive?
The largest total compensation Sustainable Energy Utility reported for one person in the fiscal year ending June 30, 2025 was $135,000, for the role of EXECUTIVE DI (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Sustainable Energy Utility get its money?
Of $48.7 million in revenue in the fiscal year ending June 30, 2025, 81.5% came from contributions and grants (including 81.5% from government grants) and 11.8% from program service revenue (Form 990, Part VIII).
Is Sustainable Energy Utility a registered charity?
The IRS lists EIN 26-3963904 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202523579349300907 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202403209349303520 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202313549349300021 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202243139349300119 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202220199349300022 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100109349300200 · read the filing
All filings for EIN 26-3963904: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.