Stover Community Betterment Council Inc

Analysis

Stover Community Betterment Council Inc is a registered charity in United States, based in Stover, MO. It received its IRS tax-exemption ruling in December 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 June 2024, Stover Community Betterment Council Inc reported income of $77k and spending of $42k, leaving 45% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $14k to $77k (+439%), an average of +52% a year. The sharpest change came in the year to June 2024, when income rose by 301%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Stover Community Betterment Council Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within MO. Charities of a similar size with the same main cause include Vista Greens Homeowners Association ($76k), Moretta Community Development Foundation ($77k) and Rotary Club of Middlebury Vermont Inc ($76k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $692k against liabilities of $0, net assets of $692k.