Jasper County Economic Development Organization Inc

Analysis

Jasper County Economic Development Organization Inc is a registered charity in United States, based in Rensselaer, IN. It received its IRS tax-exemption ruling in November 1986, 40 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 June 2024, Jasper County Economic Development Organization Inc reported income of $421k and spending of $395k, spending 94% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $207k to $421k (+104%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 29%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Jasper County Economic Development Organization Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include Menomonee Valley Partners Inc ($420k), Metrofuture Inc ($421k) and Asa Education Foundation Inc ($420k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% and program service revenue 17% of the total. Other salaries and wages came to $145k. At year end it held assets of $444k against liabilities of $188k, net assets of $256k. It reported 5 employees.