Rising Sun-Ohio County First Inc

Analysis

Rising Sun-Ohio County First Inc is a registered charity in United States, based in Rising Sun, IN. It received its IRS tax-exemption ruling in July 2019, 7 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, Rising Sun-Ohio County First Inc reported income of $530k and spending of $210k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $763k to $530k (-31%), an average of -8.7% a year. The sharpest change came in the year to December 2021, when income dropped by 31%. Over the whole period it spent 48% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rising Sun-Ohio County First Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IN. Charities of a similar size with the same main cause include Council for Supplier Diversity ($530k), Great River Economic Development Fo Undation Inc ($530k) and Fort Belknap Community Economic Development Corporation ($529k).

At year end it held assets of $6.4m against liabilities of $2.4m, net assets of $4.0m.