Meadows of Dan Ruritan Inc

Analysis

Meadows of Dan Ruritan Inc is a registered charity in United States, based in Meadows Dan, VA. It received its IRS tax-exemption ruling in May 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 (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, Meadows of Dan Ruritan Inc reported income of $85k and spending of $59k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $85k (+83%), an average of +83% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 58% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Meadows of Dan Ruritan Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within VA. Charities of a similar size with the same main cause include Harlem Advocates for Seniors Inc ($85k), Public Sector Consortium Inc ($85k) and Giving Cupboard ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $167k against liabilities of $0, net assets of $167k.