Claiborne Electric Cooperative Pera

Analysis

Claiborne Electric Cooperative Pera is a registered charity in United States, based in Homer, LA. It received its IRS tax-exemption ruling in June 2010, 16 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, Claiborne Electric Cooperative Pera reported income of $125k and spending of $127k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $125k to $125k (-0.0%), an average of +-0.0% a year. Over the whole period it spent 109% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Claiborne Electric Cooperative Pera sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within LA. Charities of a similar size with the same main cause include Wood County Electric Charitable Foundation ($125k), KB Charitable TR ($125k) and San Diego County Employees Charitable Organization ($125k).

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 $23k against liabilities of $0, net assets of $23k.