Withlacoochee River Electric Cares Inc

Analysis

Withlacoochee River Electric Cares Inc is a registered charity in United States, based in Dade City, FL. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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, Withlacoochee River Electric Cares Inc reported income of $382k and spending of $96k, leaving 75% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $231k to $382k (+65%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 32% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Withlacoochee River Electric Cares Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Atlanta Pop Concerts Inc ($382k), Alzheimers Texas Inc ($382k) and Murray County Developmental Achievement Center Inc ($382k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.