General Electric Employees Community Service Fund

Analysis

General Electric Employees Community Service Fund is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 1959, 67 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, General Electric Employees Community Service Fund reported income of $2.1m and spending of $2.3m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.2m to $2.1m (-35%), an average of -10% a year. The sharpest change came in the year to December 2021, when income dropped by 22%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, General Electric Employees Community Service Fund sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include United Way of Chester County ($2.1m), National Christian Charitable Foundation Inc ($2.1m) and Vera Bradley Foundation for Breast Cancer ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $486k against liabilities of $0, net assets of $486k.