York Electric Trust Inc

Analysis

York Electric Trust Inc is a registered charity in United States, based in York, SC. It received its IRS tax-exemption ruling in October 1999, 27 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, York Electric Trust Inc reported income of $307k and spending of $352k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $307k (+18%), an average of +4.2% a year. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, York Electric Trust Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 67th percentile within SC. Charities of a similar size with the same main cause include Frank Adoption Center ($307k), Community Kitchen Inc ($307k) and Africa Development Promise ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $259k against liabilities of $0, net assets of $259k.