Allegan County Resource Development Committee Inc

Analysis

Allegan County Resource Development Committee Inc is a registered charity in United States, based in Allegan, MI. It received its IRS tax-exemption ruling in February 1965, 61 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Allegan County Resource Development Committee Inc reported income of $8.6m and spending of $8.5m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.7m to $8.6m (+51%), an average of +11% a year. The sharpest change came in the year to September 2021, when income rose by 18%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Allegan County Resource Development Committee Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include American Foundation for the Blind Inc ($8.6m), NJ 211 Partnership a NJ Nonprofit Corporation ($8.6m) and Kroger Co Zero Hunger Zero Waste Foundation ($8.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $4.1m. At year end it held assets of $2.0m against liabilities of $791k, net assets of $1.2m. It reported 155 employees.