Oconee Emc Foundation Inc

Analysis

Oconee Emc Foundation Inc is a registered charity in United States, based in Dudley, GA. It received its IRS tax-exemption ruling in September 2004, 22 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, Oconee Emc Foundation Inc reported income of $92k and spending of $69k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $94k to $92k (-1.6%), an average of -1.6% a year. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Oconee Emc Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within GA. Charities of a similar size with the same main cause include Humboldt Sponsors ($92k), God Luv Ya Foundation ($93k) and Grizzly Youth Academy Foundation ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.