Southern Rivers Energy Trust Inc

Analysis

Southern Rivers Energy Trust Inc is a registered charity in United States, based in Barnesville, GA. It received its IRS tax-exemption ruling in February 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 March 2024, Southern Rivers Energy Trust Inc reported income of $117k and spending of $129k, spending 111% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $181k to $117k (-36%), an average of -10% a year. The sharpest change came in the year to March 2021, when income dropped by 39%. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Southern Rivers Energy Trust Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within GA. Charities of a similar size with the same main cause include Sandy Hollow Arts and Recreation for the Environment Inc ($117k), Project Scholars Inc ($117k) and Fred Smith Company Foundation ($117k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $316k against liabilities of $0, net assets of $316k.