Win Energy Remc Community Trust Inc

Analysis

Win Energy Remc Community Trust Inc is a registered charity in United States, based in Vincennes, IN. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Win Energy Remc Community Trust Inc reported income of $56k and spending of $70k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $61k to $56k (-7.2%), an average of -7.2% a year. Over the whole period it spent 110% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Win Energy Remc Community Trust Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within IN. Charities of a similar size with the same main cause include Christmas Decorations Committee Inc ($56k), Metro Community Development Corporation ($56k) and Brown County Community Womens Club Inc ($56k).

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 $14k against liabilities of $0, net assets of $14k.