Southeast Missouri Regional Economic Development Inc

Analysis

Southeast Missouri Regional Economic Development Inc is a registered charity in United States, based in Cpe Girardeau, MO. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2022, Southeast Missouri Regional Economic Development Inc reported income of $380k and spending of $251k, leaving 34% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $190k to $380k (+100%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 170%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Southeast Missouri Regional Economic Development Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within MO. Charities of a similar size with the same main cause include Herricks Community Center Fund Inc ($380k), St Vincent de Paul Society of Anapolis Inc ($380k) and Ka Anapali Ocean Resort Charitable Trust ($380k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $29k. At year end it held assets of $390k against liabilities of $0, net assets of $390k. It reported 2 employees.