Federated Rural Electric Trust
Analysis
Federated Rural Electric Trust is a registered charity in United States, based in Jackson, MN. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Federated Rural Electric Trust reported income of $57k and spending of $54k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $59k to $57k (-3.7%), an average of -3.7% a year. Over the whole period it spent 92% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Federated Rural Electric Trust sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within MN. Charities of a similar size with the same main cause include Hope Vision Center ($57k), Norm Geisler International Ministries Inc ($57k) and Voice of Virtue International ($57k).
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 $37k against liabilities of $0, net assets of $37k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hope Vision Center | Hemet | $57k |
| Norm Geisler International Ministries Inc | Forest | $57k |
| Voice of Virtue International | Novato | $57k |
| The Bernice Wheaton Charitable Trust | Fieldon | $57k |