Rolla Regional Economic Commission

Analysis

Rolla Regional Economic Commission is a registered charity in United States, based in Rolla, MO. It received its IRS tax-exemption ruling in February 2005, 21 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, Rolla Regional Economic Commission reported income of $145k and spending of $120k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $169k to $145k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rolla Regional Economic Commission sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within MO. Charities of a similar size with the same main cause include F O C U S Greater Syracuse Inc ($145k), Bodhana Group Incorporated ($145k) and Summit-Hill Association ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $34k (29% of expenses). Other salaries and wages came to $2,617. At year end it held assets of $488k against liabilities of $145k, net assets of $342k. It reported 2 employees.