Sawnee Electric Membership Foundation Inc

Analysis

Sawnee Electric Membership Foundation Inc is a registered charity in United States, based in Cumming, GA. It received its IRS tax-exemption ruling in February 2004, 22 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 December 2023, Sawnee Electric Membership Foundation Inc reported income of $308k and spending of $300k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $514k to $308k (-40%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sawnee Electric Membership Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within GA. Charities of a similar size with the same main cause include Southern Union State Community College Foundation ($308k), Catharine a Harrison Fund ($308k) and Friends of Unistream Inc ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $444k against liabilities of $0, net assets of $444k.