Electri International the Foundation for Electrical

Analysis

Electri International the Foundation for Electrical is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 1988, 38 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Electri International the Foundation for Electrical reported income of $3.0m and spending of $2.9m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $3.0m (+135%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 87%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Electri International the Foundation for Electrical sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 73rd percentile within DC. Charities of a similar size with the same main cause include Historic Columbia Foundation Inc ($3.0m), East Asian Observatory ($3.0m) and Mental Health Empowerment Project Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $30.9m against liabilities of $1.8m, net assets of $29.1m.