Greater Etowah Mental Retardation 310 Board Inc

Analysis

Greater Etowah Mental Retardation 310 Board Inc is a registered charity in United States, based in Gadsden, AL. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Greater Etowah Mental Retardation 310 Board Inc reported income of $3.6m and spending of $3.6m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $3.8m to $3.6m (-6.3%), an average of -1.6% a year. The sharpest change came in the year to September 2020, when income rose by 33%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greater Etowah Mental Retardation 310 Board Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within AL. Charities of a similar size with the same main cause include Academy of Mdy Inc ($3.6m), Muslim Academy of Greater Orlando Inc ($3.6m) and Plumbing and Pipefitting Educational Program ($3.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.7% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $220k (6.0% of expenses). Other salaries and wages came to $620k. At year end it held assets of $7.9m against liabilities of $400k, net assets of $7.5m. It reported 32 employees.