Powder River Energy Corporationfoundation Inc

Analysis

Powder River Energy Corporationfoundation Inc is a registered charity in United States, based in Sundance, WY. It received its IRS tax-exemption ruling in August 2007, 19 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, Powder River Energy Corporationfoundation Inc reported income of $700k and spending of $388k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $242k to $700k (+190%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Powder River Energy Corporationfoundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within WY. Charities of a similar size with the same main cause include Uniting Partners for Women and Children ($700k), Millhill Foundation Inc ($700k) and Everstrong Prevention ($700k).

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 $1.2m against liabilities of $0, net assets of $1.2m.