Remc Multi-County Community Trust Inc

Analysis

Remc Multi-County Community Trust Inc is a registered charity in United States, based in Rockville, IN. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Remc Multi-County Community Trust Inc reported income of $56k and spending of $54k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $56k (+0.8%), an average of +0.8% a year. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Remc Multi-County Community Trust Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within IN. Charities of a similar size with the same main cause include Tour of Lake Ellyn Foundation ($56k), West Park Family Club ($56k) and Ibew Local Union 210 Community Assistance Fund ($56k).

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 $23k against liabilities of $0, net assets of $23k.