Sioux Valley Energy Customer Trust Inc

Analysis

Sioux Valley Energy Customer Trust Inc is a registered charity in United States, based in Colman, SD. It received its IRS tax-exemption ruling in February 2001, 25 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, Sioux Valley Energy Customer Trust Inc reported income of $159k and spending of $139k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $159k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sioux Valley Energy Customer Trust Inc 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 49th percentile, and in the 45th percentile within SD. Charities of a similar size with the same main cause include Kent Community Foundation ($159k), Jeep Jewish Education for Every Person Inc ($159k) and Oswald Supporting Organization ($159k).

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 $127k against liabilities of $0, net assets of $127k.