Laclede Electric Trust Inc

Analysis

Laclede Electric Trust Inc is a registered charity in United States, based in Lebanon, MO. It received its IRS tax-exemption ruling in April 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, Laclede Electric Trust Inc reported income of $115k and spending of $110k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $115k (+0.7%), an average of +0.7% a year. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Laclede Electric Trust Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within MO. Charities of a similar size with the same main cause include Emilys Power for a Cure ($115k), P C Rotary Foundation ($115k) and United Fund of Woodward Incorporated ($115k).

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 $54k against liabilities of $0, net assets of $54k.