Bates County Industries Inc

Analysis

Bates County Industries Inc is a registered charity in United States, based in Butler, MO. It received its IRS tax-exemption ruling in October 2002, 24 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, Bates County Industries Inc reported income of $566k and spending of $564k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $351k to $566k (+61%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bates County Industries Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within MO. Charities of a similar size with the same main cause include Hope Global Initiative ($566k), Arcap Community Action Inc ($566k) and Stryckers Bay Neighborhood Council Inc ($566k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Other salaries and wages came to $274k. At year end it held assets of $1.1m against liabilities of $174k, net assets of $881k. It reported 23 employees.