Great Growing Regional Economic Activity Today

Analysis

Great Growing Regional Economic Activity Today is a registered charity in United States, based in Nebraska City, NE. It received its IRS tax-exemption ruling in November 2014, 12 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 December 2023, Great Growing Regional Economic Activity Today reported income of $1.2m and spending of $1.3m, spending 113% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $194k to $1.2m (+511%), an average of +147% a year. The sharpest change came in the year to December 2023, when income rose by 196%. Over the whole period it spent 77% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Great Growing Regional Economic Activity Today sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NE. Charities of a similar size with the same main cause include Pennsylvania State Association of County Fairs ($1.2m), Rocky Mountain Innovation Initiative Inc ($1.2m) and Mother of Light Center ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $458k against liabilities of $36k, net assets of $422k.