Charity Search / ELEVATE ENERGY
Environment (C35) IRS Verified DX Registered 990 on File

ELEVATE ENERGY

EIN: 36-4443093 · CHICAGO, IL 60607-3544 · United States · FY 2024 Data
3 out of 5 57 / 100 Based on 2+ years of filings
Financial strength (30%) 84/100
Reliability (20%) 50/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$60.9M
Total Revenue
$57.9M
Total Expenses
$26.5M
Net Assets
317
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 82.1%
Fundraising Efficiency N/A
Operating Reserve 5.50x
Liability-to-Asset 54.5%
Revenue Diversification 80.5%
Executive Compensation $299K
Compared with Peers
FY 2024
Compared with 187 similar organizations (United States, Environment, $10M–$100M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
82.1% 84.4%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
15.5% 10.2%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
2.3% 3.2%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
5.5 mo 13.2 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
54.5% 15.6%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
80.5% 88.9%
P10P90
Above median
Revenue growth
Year over year revenue growth
19.7% 7.5%
P10P90
Expense growth
Year over year expense growth
24.3% 11.2%
P10P90
Surplus margin
Surplus as a share of revenue
5.0% 2.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $60.9M $57.9M $26.5M 82.1% 317
2023 $50.9M $46.5M $23.2M 81.2% 259
2022 $40.4M $33.0M $18.5M 79.2% 209
2021 $38.2M $35.2M N/A — 171
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Organization Details
EIN
36-4443093
State
IL
City
CHICAGO
ZIP
60607-3544
Classification
C35
Category
Environment
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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