Center for Rural Policy and Development

Analysis

Center for Rural Policy and Development is a registered charity in United States, based in Mankato, MN. It received its IRS tax-exemption ruling in March 1999, 27 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Center for Rural Policy and Development reported income of $592k and spending of $609k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $635k to $592k (-6.8%), an average of -1.7% a year. The sharpest change came in the year to June 2021, when income rose by 48%. 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, Center for Rural Policy and Development sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include The Center for Mediation and Collaboration Rhode Island ($591k), Black Men S Xchange National Inc ($593k) and East Tulsa Main Street ($591k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $186k (31% of expenses). Other salaries and wages came to $150k. At year end it held assets of $616k against liabilities of $19k, net assets of $598k. It reported 3 employees.