Etg Midwest Inc

Analysis

Etg Midwest Inc is a registered charity in United States, based in Elkhorn, NE. It received its IRS tax-exemption ruling in March 1987, 39 years ago. 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 June 2023, Etg Midwest Inc reported income of $295k and spending of $261k, spending 88% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $208k to $295k (+42%), an average of +42% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Etg Midwest Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within NE. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($295k), Big Elm Retirement Center Inc ($295k) and Greater Waterbury Campership Fund Inc ($295k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $54k against liabilities of $5,576, net assets of $49k.