Robert Fulton Development Inc

Analysis

Robert Fulton Development Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in November 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, Robert Fulton Development Inc reported income of $540k and spending of $294k, leaving 46% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $328k to $540k (+65%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 105%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Robert Fulton Development Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within MO. Charities of a similar size with the same main cause include Wisconsin Police Leadership Foundation Inc ($540k), CHV Tenants Association Inc ($540k) and Suttons Support Services Incorporated ($540k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 91% of the total. At year end it held assets of $299k against liabilities of $8,842, net assets of $290k.