Energy Cooperative Round-Up Foundation Inc

Analysis

Energy Cooperative Round-Up Foundation Inc is a registered charity in United States, based in Newark, OH. It received its IRS tax-exemption ruling in March 2006, 20 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, Energy Cooperative Round-Up Foundation Inc reported income of $329k and spending of $554k, spending 168% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $289k to $329k (+14%), an average of +3.3% a year. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Energy Cooperative Round-Up Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OH. Charities of a similar size with the same main cause include Henry and Louise Timken Foundation ($329k), Kapnick Fund Inc ($329k) and Yismach Moshe Inc ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $277k against liabilities of $20k, net assets of $257k.