Cooke County Electric Charitable Foundation

Analysis

Cooke County Electric Charitable Foundation is a registered charity in United States, based in Muenster, TX. It received its IRS tax-exemption ruling in July 2014, 12 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, Cooke County Electric Charitable Foundation reported income of $67k and spending of $65k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $68k to $67k (-1.1%), an average of -1.1% a year. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cooke County Electric Charitable Foundation sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include H&c Dudley Foundation Inc ($67k), Diamond Bar Friends of the Library ($67k) and Whistler Entertainment ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.