Mount Rogers Develpoment Partnership Inc

Analysis

Mount Rogers Develpoment Partnership Inc is a registered charity in United States, based in Wytheville, VA. It received its IRS tax-exemption ruling in March 1990, 36 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, Mount Rogers Develpoment Partnership Inc reported income of $590k and spending of $573k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $283k to $590k (+108%), an average of +28% a year. The sharpest change came in the year to June 2021, when income rose by 134%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mount Rogers Develpoment Partnership Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Youngstown Cityscape Inc ($590k), Rogue Action Center ($591k) and North American Bike-Share Association ($590k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $479k against liabilities of $4,030, net assets of $475k.