Fairfield Electric Trust Inc

Analysis

Fairfield Electric Trust Inc is a registered charity in United States, based in Blythewood, SC. It received its IRS tax-exemption ruling in January 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Fairfield Electric Trust Inc reported income of $124k and spending of $151k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $124k (+0.6%), an average of +0.6% a year. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fairfield Electric Trust Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 48th percentile within SC. Charities of a similar size with the same main cause include Gifting Tree Foundation Inc ($124k), Carbon Valley Help Center ($124k) and Glories Lee Hubbard Compassionate Hands Ministry ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $278k against liabilities of $0, net assets of $278k.