Rural Action Inc

Analysis

Rural Action Inc is a registered charity in United States, based in The Plains, OH. It received its IRS tax-exemption ruling in June 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, Rural Action Inc reported income of $7.0m and spending of $7.2m, spending 102% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $3.7m to $7.0m (+89%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rural Action Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within OH. Charities of a similar size with the same main cause include Northwest Tennessee Development ($7.0m), Northern Indiana Workforce Board Inc ($7.0m) and Sparc Services ($7.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $88k (1.2% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $2.6m against liabilities of $1.6m, net assets of $1.1m. It reported 166 employees.