Missouri Valley Growth Inc

Analysis

Missouri Valley Growth Inc is a registered charity in United States, based in Vermillion, SD. It received its IRS tax-exemption ruling in December 2009, 17 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, Missouri Valley Growth Inc reported income of $113k and spending of $127k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $156k to $113k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 110% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Missouri Valley Growth Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 35th percentile within SD. Charities of a similar size with the same main cause include Lorain Revitalization Association ($113k), Ethiopian Community Services Inc ($113k) and Parallel Partners Group Inc ($113k).

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 $106k against liabilities of $0, net assets of $106k.