Cherryland Electric Community Caring Fund Inc

Analysis

Cherryland Electric Community Caring Fund Inc is a registered charity in United States, based in Grawn, MI. It received its IRS tax-exemption ruling in July 1997, 29 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, Cherryland Electric Community Caring Fund Inc reported income of $61k and spending of $61k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $62k to $61k (-1.6%), an average of -1.6% a year. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cherryland Electric Community Caring Fund Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within MI. Charities of a similar size with the same main cause include Ince Foundation Inc ($61k), John H Burkhart Jr Charitable Trust Uw ($61k) and Killingworth Lions Charities Inc ($61k).

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 $8,125 against liabilities of $0, net assets of $8,125.