Johnson County Economic Development Corporation

Analysis

Johnson County Economic Development Corporation is a registered charity in United States, based in Warrensburg, MO. It received its IRS tax-exemption ruling in February 1996, 30 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 (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 2023, Johnson County Economic Development Corporation reported income of $230k and spending of $205k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $253k to $230k (-9.4%), an average of -2.4% a year. 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, Johnson County Economic Development Corporation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within MO. Charities of a similar size with the same main cause include Lakeview Community Partnership ($230k), Dress for Success Cleveland ($230k) and Carolina Commerce & Technology Center Inc ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $86k (42% of expenses). Other salaries and wages came to $46k. At year end it held assets of $473k against liabilities of $5,033, net assets of $468k. It reported 3 employees.