Rural Missouri Incorporated
Analysis
Rural Missouri Incorporated is a registered charity in United States, based in Jefferson Cty, MO. It received its IRS tax-exemption ruling in June 1967, 59 years ago. Its declared purposes cover employment, 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 September 2023, Rural Missouri Incorporated reported income of $3.1m and spending of $2.6m, spending 83% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.4m to $3.1m (+30%), an average of +6.7% a year. The sharpest change came in the year to September 2020, when income rose by 18%. Over the whole period it spent 87% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rural Missouri Incorporated sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MO. Charities of a similar size with the same main cause include Coastal Connections Inc ($3.1m), Highbridge Community Development Corporation ($3.1m) and Northern Panhandle Workforce Development Board Inc ($3.1m).
On its Form 990 for the period ending September 2023, revenue came from program service revenue 90% of the total. Compensation of current officers, directors and key employees was $305k (12% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $10.4m against liabilities of $462k, net assets of $9.9m. It reported 12 employees.
Income and spending
Where the income comes from
- Program services 90%
- Other 9.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Coastal Connections Inc | Amesbury | $3.1m |
| Highbridge Community Development Corporation | Bronx | $3.1m |
| Northern Panhandle Workforce Development Board Inc | Triadelphia | $3.1m |
| Wisconsin Laborers Apprenticeship and Training Fund | Deforest | $3.1m |