Consolidated Electric Foundation Inc

Analysis

Consolidated Electric Foundation Inc is a registered charity in United States, based in Mount Gilead, OH. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Consolidated Electric Foundation Inc reported income of $95k and spending of $89k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $88k to $95k (+8.1%), an average of +2.0% a year. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Consolidated Electric Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within OH. Charities of a similar size with the same main cause include Alano Club Inc ($95k), Shamrock Cultural Charities Inc ($95k) and Dream Tree Mission ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $107k against liabilities of $0, net assets of $107k.