Northwest Missouri Industries Inc

Analysis

Northwest Missouri Industries Inc is a registered charity in United States, based in Rock Port, MO. It received its IRS tax-exemption ruling in May 1975, 51 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 June 2024, Northwest Missouri Industries Inc reported income of $685k and spending of $586k, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $584k to $685k (+17%), an average of +4.1% a year. The sharpest change came in the year to June 2023, when income rose by 40%. 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, Northwest Missouri Industries Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within MO. Charities of a similar size with the same main cause include Lormet HDFC ($685k), Bender Leadership Academy ($686k) and Elevate Omaha Inc ($685k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $86k (15% of expenses). Other salaries and wages came to $273k. At year end it held assets of $908k against liabilities of $94k, net assets of $814k. It reported 24 employees.