Kootenai Electric Trust Inc

Analysis

Kootenai Electric Trust Inc is a registered charity in United States, based in Rathdrum, ID. It received its IRS tax-exemption ruling in October 2003, 23 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, Kootenai Electric Trust Inc reported income of $98k and spending of $91k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $98k (+13%), an average of +13% a year. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kootenai Electric Trust Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within ID. Charities of a similar size with the same main cause include Nina and Norman Wain Family Foundation ($98k), Education Foundation of Greenville ($98k) and United Way of Taylor County Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $79k against liabilities of $825, net assets of $79k.