Tri-County Electric Trust

Analysis

Tri-County Electric Trust is a registered charity in United States, based in St Matthews, SC. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Tri-County Electric Trust reported income of $123k and spending of $118k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $123k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tri-County Electric Trust sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within SC. Charities of a similar size with the same main cause include Friends of the Fisher House of Southern Louisiana ($123k), Rigby Area Senior Citizens Inc ($123k) and Alexander House Foundation ($123k).

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 $51k against liabilities of $0, net assets of $51k.