Three Rivers Community Investment Inc

Analysis

Three Rivers Community Investment Inc is a registered charity in United States, based in Pontotoc, MS. It received its IRS tax-exemption ruling in March 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Three Rivers Community Investment Inc reported income of $434k and spending of $433k, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $173k to $434k (+151%), an average of +26% a year. The sharpest change came in the year to September 2023, when income rose by 514%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Three Rivers Community Investment Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within MS. Charities of a similar size with the same main cause include Midwood Development Corp ($434k), Opal ($434k) and The Bread Bakers Guild of America ($434k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $11.1m against liabilities of $11.1m, net assets of $1,146.