Missouri Incutech Foundation

Analysis

Missouri Incutech Foundation is a registered charity in United States, based in Rolla, MO. It received its IRS tax-exemption ruling in July 1985, 41 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Missouri Incutech Foundation reported income of $4.5m and spending of $4.5m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.9m to $4.5m (-7.9%), an average of -2.0% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Missouri Incutech Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within MO. Charities of a similar size with the same main cause include Louisiana Industries for the Disabled Inc ($4.5m), Apprentice & Journey Man Training Trust Fund ($4.5m) and Bridge Street Development Corporation ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $132k (3.0% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $1.7m against liabilities of $637k, net assets of $1.1m. It reported 30 employees.