Delta-Montrose Electric Association Charitable Trust
Analysis
Delta-Montrose Electric Association Charitable Trust is a registered charity in United States, based in Montrose, CO. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Delta-Montrose Electric Association Charitable Trust reported income of $55k and spending of $64k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $65k to $55k (-15%), an average of -3.9% a year. Over the whole period it spent 94% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Delta-Montrose Electric Association Charitable Trust sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within CO. Charities of a similar size with the same main cause include Amasol Foundation Ong Inc ($55k), Lockport Resource Center ($55k) and Sammy Stieglitz Foundation ($55k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 4.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Amasol Foundation Ong Inc | Miami | $55k |
| Lockport Resource Center | Lockport | $55k |
| Sammy Stieglitz Foundation | Los Angeles | $55k |
| Boron Senior Citizens Inc | Boron | $55k |