Wright-Hennepin Electric TR

Analysis

Wright-Hennepin Electric TR is a registered charity in United States, based in Rockford, MN. It received its IRS tax-exemption ruling in June 1995, 31 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, Wright-Hennepin Electric TR reported income of $257k and spending of $291k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $229k to $257k (+12%), an average of +2.9% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wright-Hennepin Electric TR sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within MN. Charities of a similar size with the same main cause include Stone County Abuse Prevention ($257k), Hope Center Adoption and Family Services ($257k) and Dreamcenter Inc ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $5,164 (1.8% of expenses). At year end it held assets of $52k against liabilities of $0, net assets of $52k.