CheckMyDonation

Rural Missouri Incorporated

RegisteredEIN 43-0889695Jefferson Cty, MOCommunity and economic development
Income$3.1m2023-09
Spending$2.6msame year
Spent / received87%5-year average
Size in its cause89th pctCommunity and economic development
Exempt since1967Publicly supported organisat
Employees12latest return

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

$0$779k$1.6m$2.3m$3.1m2019 Income: $2,400,7332019 Spending: $2,188,18020192020 Income: $2,825,3002020 Spending: $2,399,82120202021 Income: $3,048,5362021 Spending: $2,590,51320212022 Income: $2,995,4232022 Spending: $2,720,48220222023 Income: $3,116,0152023 Spending: $2,597,2762023
IncomeSpending

Where the income comes from

  • Program services 90%
  • Other 9.6%

Similar-sized charities, same cause

CharityLocationIncome
Coastal Connections IncAmesbury$3.1m
Highbridge Community Development CorporationBronx$3.1m
Northern Panhandle Workforce Development Board IncTriadelphia$3.1m
Wisconsin Laborers Apprenticeship and Training FundDeforest$3.1m