Kiamichi Electric Cooperative Foundation Inc

Analysis

Kiamichi Electric Cooperative Foundation Inc is a registered charity in United States, based in Wilburton, OK. It received its IRS tax-exemption ruling in September 2000, 26 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 2023, Kiamichi Electric Cooperative Foundation Inc reported income of $75k and spending of $64k, spending 86% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $76k to $75k (-1.1%), an average of -1.1% a year. 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, Kiamichi Electric Cooperative Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within OK. Charities of a similar size with the same main cause include Harlan Community School District Education Foundation ($75k), Rushshelby Energy Rural Electric Community Fund Inc ($75k) and Higher Health Foundation Inc ($75k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $74k against liabilities of $5,300, net assets of $68k.