Randolph County Caring Community Inc

Analysis

Randolph County Caring Community Inc is a registered charity in United States, based in Moberly, MO. It received its IRS tax-exemption ruling in March 2000, 26 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 December 2023, Randolph County Caring Community Inc reported income of $2.9m and spending of $3.1m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.9m (+55%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Randolph County Caring Community Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within MO. Charities of a similar size with the same main cause include Community House Association Inc ($2.9m), Kansas Manufacturing Solutions Inc ($2.9m) and Heights Center Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $75k (2.4% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $132k against liabilities of $346k, net assets of -$214k. It reported 51 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.