Missouri State University Development Corporation

Analysis

Missouri State University Development Corporation is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in April 1976, 50 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Missouri State University Development Corporation reported income of $75k and spending of $16k, leaving 79% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $135k to $75k (-44%), an average of -14% a year. The sharpest change came in the year to June 2022, when income rose by 138%. Over the whole period it spent 11% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Missouri State University Development Corporation 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 29th percentile, and in the 27th percentile within MO. Charities of a similar size with the same main cause include PTA Florida Congress ($75k), PTA California Congress of Parents Teachers & Students Inc ($75k) and Bemidji Figure Skating Club ($75k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $991k against liabilities of $723k, net assets of $267k.