Phelps County Industrial Solutions

Analysis

Phelps County Industrial Solutions is a registered charity in United States, based in Rolla, MO. It received its IRS tax-exemption ruling in February 1970, 56 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 March 2023, Phelps County Industrial Solutions reported income of $746k and spending of $713k, spending 96% of its income. Across the 5 years on record, from March 2019 to March 2023, income fell from $791k to $746k (-5.7%), an average of -1.5% a year. The sharpest change came in the year to March 2023, when income dropped by 19%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Phelps County Industrial Solutions sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within MO. Charities of a similar size with the same main cause include Ivanhoe Neighborhood Council ($745k), Camden County Workforce Development Board Inc ($746k) and Alleghany Cares Inc ($745k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Other salaries and wages came to $456k. At year end it held assets of $1.6m against liabilities of $172k, net assets of $1.5m. It reported 54 employees.