Midwest Tribal Energy Resources Association Inc

Analysis

Midwest Tribal Energy Resources Association Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Midwest Tribal Energy Resources Association Inc reported income of $810k and spending of $301k, leaving 63% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $472k to $810k (+72%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 66% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Midwest Tribal Energy Resources Association Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within WI. Charities of a similar size with the same main cause include Downtown Billings Bid Inc ($810k), Foundation for Little Colorado Revitalization ($810k) and Ryse Commons ($810k).

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 $588k against liabilities of $400, net assets of $588k.