Propane Education & Research Council Inc
501(c)(6)
Only null% goes to programs Strong reserves
Propane Education & Research Council Inc is a 501(c)(6) organization based in Richmond, Virginia, registered in 1998, with $39,041,155 in FY2023 revenue. CharityIndex grades it C+.
200 S 10th Street, Richmond, VA, 23219 EIN 36-4192410 Since 1998
Revenue (FY2023)
$39.0M
▼ 5.3% vs prior year
Expenses (FY2023)
$43.0M
Net assets
$42.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Propane Education & Research Council Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating12 mo reserves · -10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Propane Education & Research Council Inc: 12 mo reserves · -10% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Propane Education & Research Council Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Propane Education & Research Council Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue grew from $29.9M (FY2013) to $39.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $16.8MNet assets $42.0M
Operating margin
-10.1%
Spent more than it raised in the latest fiscal year.
Total assets
$58.8M
Total liabilities
$16.8M
Net assets
$42.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $39,041,155▼5.3% | $42,998,111▲1.7% | $42,001,825▼8.2% | $58,820,802▼9.0% | 990 |
| 2022 | $41,226,095▲5.6% | $42,290,884▲36.3% | $45,761,960▼3.4% | $64,670,257▼5.2% | 990 |
| 2021 | $39,056,977▲5.9% | $31,022,713▲14.3% | $47,357,967▲19.2% | $68,183,417▲19.9% | 990 |
| 2020 | $36,880,070▼8.0% | $27,147,079▼13.2% | $39,715,955▲33.5% | $56,875,300▲19.2% | 990 |
| 2019 | $40,099,925▲6.7% | $31,267,708▲18.3% | $29,758,079▲42.4% | $47,699,456▲32.3% | 990 |
| 2018 | $37,569,665▲19.6% | $26,431,170▼15.8% | $20,892,509▲114% | $36,043,899▲50.8% | 990 |
| 2017 | $31,410,721▲14.8% | $31,377,706▼10.7% | $9,774,119▼0.2% | $23,897,353▼0.8% | 990 |
| 2016 | $27,371,253▲0.8% | $35,139,162▲7.4% | $9,789,458▼44.6% | $24,082,079▼29.7% | 990 |
| 2015 | $27,154,734▼10.8% | $32,710,085▼7.7% | $17,662,876▼24.7% | $34,245,170▼7.8% | 990 |
| 2014 | $30,433,258▲1.7% | $35,426,981▲31.2% | $23,447,618▼18.5% | $37,161,094▼8.6% | 990 |
| 2013 | $29,927,129 | $27,007,265▲0.5% | $28,780,239▲9.2% | $40,638,036▲7.2% | 990 |
| 2012 | — | $26,863,375▼21.2% | $26,348,346▼8.9% | $37,917,860▼9.7% | 990 |
| 2011 | — | $34,105,060▲15.3% | $28,933,324▼20.6% | $42,007,529▼14.3% | 990 |
| 2010 | — | $29,586,373 | $36,456,455 | $49,004,631 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Propane Education & Research Council Inc a legitimate nonprofit?
- Yes. Propane Education & Research Council Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 36-4192410, based in Richmond, Virginia.
- What is Propane Education & Research Council Inc's EIN?
- Propane Education & Research Council Inc's Employer Identification Number (EIN) is 36-4192410.
- How much revenue does Propane Education & Research Council Inc report?
- Propane Education & Research Council Inc reported $39,041,155 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Propane Education & Research Council Inc have?
- CharityIndex grades Propane Education & Research Council Inc C+, based on financial health (reserves and operating margin).
More nonprofits in Richmond
Explore more
Data for Propane Education & Research Council Inc (EIN 36-4192410) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.