Beltrami Electric Coopertive Trust

Analysis

Beltrami Electric Coopertive Trust is a registered charity in United States, based in Bemidji, MN. It received its IRS tax-exemption ruling in July 2016, 10 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, Beltrami Electric Coopertive Trust reported income of $83k and spending of $83k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $83k to $83k (-0.7%), an average of -0.7% 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, Beltrami Electric Coopertive Trust sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within MN. Charities of a similar size with the same main cause include Virtu Foundation Inc ($83k), Cardinal Athletic Booster Club ($83k) and Ellavation ($83k).

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 $21k against liabilities of $0, net assets of $21k.