Pp&L Sustainable Energy Fund Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO PROMOTE, RESEARCH, AND INVEST IN CLEAN AND RENEWABLE ENERGY TECHNOLOGIES, ENERGY CONSERVATION, ENERGY EFFICIENCY, AND SUSTAINABLE ENERGY ENTERPRISES THAT PROVIDE OPPORTUNITIES AND BENEFITS FOR PP&L RATEPAYERS.
- Income
- $1.8 million
- Spending
- $2.1 million
- Spent on programs
- 59%
- Reserves
- 78.7 months of spending
- Largest source of income
- fees for its services, 77%
- Employees
- 15
- Highest pay
- $303,821, president
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 78 out of 100. Higher than 51% of charities in its peer group (public benefit, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 78.7 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
0 of 15Spending exceeded income by 16% of income.
Income trend
15 of 15Income rose 13% on the year before.
Spending floor
8 of 1559% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 70% of charities in its peer group (public benefit, $1m to $10m).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $11,119 spent. PROGRAM RELATED INVESTMENTS - SUSTAINABLE ENERGY FUND HAS ESTABLISHED VARIOUS FUNDING PROGRAMS TO SUPPORT BUSINESSES INVESTING IN ENERGY EFFICIENCY AND RENEWABLE PROJECTS.
- $29,681 spent. THE SUSTAINABLE ENERGY CONFERENCE IS AN EDUCATION INITIATIVE THAT PROMOTES THE ADOPTION AND INTEGRATION OF RENEWABLE ENERGY CONCEPTS AND TECHNOLOGIES INTO THE CURRICULUM OF COLLEGES AND UNIVERSITIES THROUGHOUT PENNSYLVANIA, AS WELL AS EDUCATION ON VARIOUS TOPICS TAUGHT BY INDUSTRY, POLICY, AND EDUCATION EXPERTS. THE CONFERENCE TARGET MARKET INCLUDES HIGH SCHOOL, MIDDLE SCHOOL, AND COLLEGE STUDENTS, DISLOCATED WORKERS, HIGH SCHOOL AND COLLEGE EDUCATORS, AND PRACTITIONERS.
- $27,485 spent. THE ENERGY SERVICE PROVIDER (ESP) NETWORK GIVES SMALL ENERGY SERVICE PROVIDERS A VENUE FOR LEARNING ABOUT FUNDING SOURCES, SOCIAL MARKETING OPPORTUNITIES, AND OTHER TOPICS WHICH WILL ENABLE THE ESP COMPANY TO GROW WITH THE SEF MISSION OF RENEWABLE ENERGY AND ENERGY EFFICIENCY.
- $1.2 million spent. MISCELLANEOUS PROGRAMS TO SUPPORT ENERGY USERS, EDUCATORS, CONSUMERS, AND REGULATORS IN BREAKING DOWN FINANCIAL AND EDUCATIONAL BARRIERS.
- MISCELLANEOUS PROGRAMS TO SUPPORT ENERGY USERS, EDUCATORS, CONSUMERS, AND REGULATORS IN BREAKING DOWN FINANCIAL AND EDUCATIONAL BARRIERS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2001.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.