Sequachee Valley Electric Cares Inc

Analysis

Sequachee Valley Electric Cares Inc is a registered charity in United States, based in S Pittsburg, TN. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 June 2024, Sequachee Valley Electric Cares Inc reported income of $167k and spending of $185k, spending 111% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $165k to $167k (+1.6%), an average of +0.4% a year. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sequachee Valley Electric Cares Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within TN. Charities of a similar size with the same main cause include Rassawek Ventures Inc ($167k), Friends of TBC ($167k) and The Philanthrophy Community Foundation ($167k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.