Orange County Rural Development

Analysis

Orange County Rural Development is a registered charity in United States, based in Walden, NY. It received its IRS tax-exemption ruling in August 1985, 41 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Orange County Rural Development reported income of $2.2m and spending of $2.0m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $631k to $2.2m (+252%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 250%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Orange County Rural Development sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include The Acceleration Project Inc ($2.2m), Polymer Alliance Zone Inc ($2.2m) and Center for Growth and Independence ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $115k (5.8% of expenses). Other salaries and wages came to $168k. At year end it held assets of $778k against liabilities of $304k, net assets of $474k. It reported 6 employees.