Washington Electric Foundation Inc

Analysis

Washington Electric Foundation Inc is a registered charity in United States, based in Sandersville, GA. It received its IRS tax-exemption ruling in March 2007, 19 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, Washington Electric Foundation Inc reported income of $140k and spending of $150k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $140k (+0.5%), an average of +0.5% a year. Over the whole period it spent 117% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Washington Electric Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within GA. Charities of a similar size with the same main cause include Productive Lives Inc ($140k), California Lions Foundation ($140k) and Ihrsa Foundation Inc ($140k).

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 $97k against liabilities of $0, net assets of $97k.