Firelands Electric People Fund Inc

Analysis

Firelands Electric People Fund Inc is a registered charity in United States, based in New London, OH. It received its IRS tax-exemption ruling in May 1999, 27 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, Firelands Electric People Fund Inc reported income of $64k and spending of $61k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $64k (+2.8%), an average of +2.8% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Firelands Electric People Fund Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within OH. Charities of a similar size with the same main cause include Village Housing Inc ($64k), Sustainable Mountain Agriculture Center Inc ($64k) and Building Essential Skills Together Inc ($64k).

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 $15k against liabilities of $0, net assets of $15k.