Institute for Energy Economics and Financial Analysis
Institute for Energy Economics and Financial Analysis reported $15.1 million in revenue and $12.2 million in expenses for calendar year 2025. Of every $100 it spent, $85.31 went to program services, $11.12 to management and general costs and $3.57 to fundraising. Its largest source of revenue was contributions and grants: 96.8% of the total. The highest compensation it reported for one person was $259,028 (CEO/BOARD SECRETARY). 16 people received more than $100,000 in reportable compensation. Revenue rose 312% between 2019 and 2025. Source: Form 990, 2025.
Where $100 of spending went
Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $12MFor 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
Calendar year 2025 · Form 990, Part VIII · total revenue $15MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 85.3% | 83.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.1% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.6% | 3.3% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.03 | $0.03 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 96.8% | 87.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 4.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.8% | 3.2% |
| Highest reported compensation Part VII-A, columns D–F | $259,028 | $293,532 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.13% | 1.74% |
| People paid over $100,000 Part VII, line 2 | 16 | 7 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 10.7 | 18.8 |
| Independent voting board members Part VI 1a–1b | 9 of 9 | 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
2025 · Form 990, Part III · the three largest programs by expenseTo conduct analysis and publish and release studies on energy issues; resource planning; power plant economics and financing; the financial and economic risks of energy alternatives; water and energy; and coal and oil reserves, exports, and prices
Highest reported compensation
2025 · 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 |
|---|---|---|---|---|
| CEO/BOARD SECRETARY Officer, 33.00 hrs/week | $231,868 | $0 | $27,160 | $259,028 |
| CHIEF FINANCIAL OFFICER Officer, 40.00 hrs/week | $213,398 | $0 | $39,292 | $252,690 |
| PETROCHEMICAL ENERGY FINANCE ANALYST Highest compensated employee, 40.00 hrs/week | $166,551 | $0 | $47,362 | $213,913 |
| STRATEGIC ENERGY FINANCE ADVISOR Highest compensated employee, 40.00 hrs/week | $161,001 | $0 | $46,137 | $207,138 |
| ENERGY FINANCE ANALYST Highest compensated employee, 36.87 hrs/week | $158,445 | $0 | $41,339 | $199,784 |
| ENERGY DATA ANALYST Highest compensated employee, 40.00 hrs/week | $159,296 | $0 | $38,550 | $197,846 |
| ENERGY FINANCE ANALYST Highest compensated employee, 40.00 hrs/week | $166,258 | $0 | $31,561 | $197,819 |
16 people received more than $100,000 in reportable compensation from Institute for Energy Economics and Financial Analysis (Part VII, line 2). Compensation of current officers, directors and key employees totaled $512K (Part IX, line 5).
7 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2025 · 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–1b9 · 9 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 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 531
- Volunteers Part I, line 69
Largest outside contractors
2025 · Form 990, Part VII, Section B · businesses only| GLENMAR PUBLIC POLICY RESEARCH ASSOCIATE Research consulting services | $221,112 |
| GHEE PEH Research consulting services | $116,808 |
| DOCHERTY CONSULTING Research consulting services | $114,587 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
7 private foundations reported grants to Institute for Energy Economics and Financial Analysis totaling $920K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Institute for Energy Economics and Financial Analysis's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Institute for Energy Economics and Financial Analysis, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Institute for Energy Economics and Financial Analysis spent in 2025, $85.31 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Building Decarbonization CoalitionLewes, DE · revenue $15M · programs 80.8% · 2024
- National Energy FoundationSalt Lake City, UT · revenue $15M · programs 84.0% · FY2025
- KIPP North Philadelphia Charter SchoolPhiladelphia, PA · revenue $15M · programs 72.5% · FY2025
- Deep South Center for EnvironmentalNew Orleans, LA · revenue $15M · programs 99.1% · 2024
- Greentown CollaborativeSomerville, MA · revenue $15M · programs 75.5% · 2024
Questions people ask
How much of Institute for Energy Economics and Financial Analysis's spending goes to programs?
In calendar year 2025, Institute for Energy Economics and Financial Analysis reported that 85.3% of its $12.2 million in expenses went to program services, 11.1% to management and general and 3.6% to fundraising (Form 990, Part IX).
How much does Institute for Energy Economics and Financial Analysis pay its top executive?
The largest total compensation Institute for Energy Economics and Financial Analysis reported for one person in calendar year 2025 was $259,028, for the role of CEO/BOARD SECRETARY (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Institute for Energy Economics and Financial Analysis get its money?
Of $15.1 million in revenue in calendar year 2025, 96.8% came from contributions and grants and 0.8% from program service revenue (Form 990, Part VIII).
Is Institute for Energy Economics and Financial Analysis a registered charity?
The IRS lists EIN 45-4244605 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2025: Form 990 for calendar year 2025, object 202602179349300140 · read the filing
- 2024: Form 990 for calendar year 2024, object 202541979349300319 · read the filing
- 2023: Form 990 for calendar year 2023, object 202402479349301730 · read the filing
- 2022: Form 990 for calendar year 2022, object 202322989349301337 · read the filing
- 2021: Form 990 for calendar year 2021, object 202212429349300401 · read the filing
- 2020: Form 990 for calendar year 2020, object 202142789349300039 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033079349301693 · read the filing
All filings for EIN 45-4244605: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.