Rural Arts Collaborative Inc

Analysis

Rural Arts Collaborative Inc is a registered charity in United States, based in Greensboro, VT. It received its IRS tax-exemption ruling in November 1998, 28 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 June 2024, Rural Arts Collaborative Inc reported income of $583k and spending of $514k, spending 88% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $263k to $583k (+122%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 91%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rural Arts Collaborative Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within VT. Charities of a similar size with the same main cause include Lake Support and Emergency Recovery Inc ($583k), Let It Be US ($583k) and Eagle Mount Billings ($583k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 56% of the total. Other salaries and wages came to $329k. At year end it held assets of $420k against liabilities of $117k, net assets of $303k. It reported 52 employees.