Suwannee Valley Electric Cooperative Foundation

Analysis

Suwannee Valley Electric Cooperative Foundation is a registered charity in United States, based in Live Oak, FL. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Suwannee Valley Electric Cooperative Foundation reported income of $109k and spending of $99k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $109k (+3.2%), an average of +3.2% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Suwannee Valley Electric Cooperative Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 43rd percentile within FL. Charities of a similar size with the same main cause include Oneonta Foundation for Educational Resources Inc ($109k), Christian Schools of Florida Inc ($109k) and Safi Foundation ($109k).

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 $25k against liabilities of $0, net assets of $25k.