Carroll Electrics People for People Fund

Analysis

Carroll Electrics People for People Fund is a registered charity in United States, based in Carrollton, OH. It received its IRS tax-exemption ruling in October 2000, 26 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, Carroll Electrics People for People Fund reported income of $57k and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $57k (+0.4%), an average of +0.4% a year. Over the whole period it spent 18% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Carroll Electrics People for People Fund sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within OH. Charities of a similar size with the same main cause include Wishlist Foundation ($57k), Drexel H Foundation ($57k) and Place of Possibility Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $397k against liabilities of $0, net assets of $397k.