Paulding Putnam Electric Trust Inc

Analysis

Paulding Putnam Electric Trust Inc is a registered charity in United States, based in Paulding, OH. It received its IRS tax-exemption ruling in July 2010, 16 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, Paulding Putnam Electric Trust Inc reported income of $55k and spending of $52k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $55k (+0.6%), an average of +0.6% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Paulding Putnam Electric Trust Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within OH. Charities of a similar size with the same main cause include We Can Be Heroes Foundation Inc ($55k), Little Eagle Free Inc ($55k) and Seymour Oxford Food Bank Inc ($55k).

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 $57k against liabilities of $0, net assets of $57k.