Three Rivers Planning & Development District

Analysis

Three Rivers Planning & Development District is a registered charity in United States, based in Pontotoc, MS. It received its IRS tax-exemption ruling in August 1980, 46 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 September 2023, Three Rivers Planning & Development District reported income of $28.1m and spending of $26.5m, spending 94% of its income. Across the 4 years on record, from September 2019 to September 2023, income grew from $21.3m to $28.1m (+32%), an average of +9.6% a year. The sharpest change came in the year to September 2021, when income rose by 105%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Three Rivers Planning & Development District sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MS. Charities of a similar size with the same main cause include Lincoln Training Center & Rehabilitation Workshop ($28.1m), Heart of Texas Goodwill Industries ($28.3m) and Forward Service Corporation ($27.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 79% and program service revenue 19% of the total. Other salaries and wages came to $5.6m. At year end it held assets of $51.5m against liabilities of $3.1m, net assets of $48.4m. It reported 132 employees.