Pemiscot County Initiative Network

Analysis

Pemiscot County Initiative Network is a registered charity in United States, based in Caruthersvlle, MO. It received its IRS tax-exemption ruling in March 1999, 27 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, Pemiscot County Initiative Network reported income of $468k and spending of $448k, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $515k to $468k (-9.2%), an average of -2.4% a year. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pemiscot County Initiative Network sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within MO. Charities of a similar size with the same main cause include Hoya Foundation ($468k), People Organized for Westside Renewal ($468k) and Stockade Works Inc ($468k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $53k (12% of expenses). Other salaries and wages came to $171k. At year end it held assets of $477k against liabilities of $89k, net assets of $388k. It reported 17 employees.