New Madrid Co Human Resources Council Community Partnership

Analysis

New Madrid Co Human Resources Council Community Partnership is a registered charity in United States, based in New Madrid, MO. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover employment, 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 2023, New Madrid Co Human Resources Council Community Partnership reported income of $2.4m and spending of $2.3m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $686k to $2.4m (+248%), an average of +37% a year. The sharpest change came in the year to June 2023, when income rose by 51%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, New Madrid Co Human Resources Council Community Partnership sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MO. Charities of a similar size with the same main cause include Ohio CDC Association ($2.4m), Center for Innovative Governance Research ($2.4m) and Wyoming County Community Action Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $67k (3.0% of expenses). Other salaries and wages came to $552k. At year end it held assets of $512k against liabilities of $45k, net assets of $467k. It reported 54 employees.