Golden Triangle Planning & Development District Inc

Analysis

Golden Triangle Planning & Development District Inc is a registered charity in United States, based in Starkville, MS. It received its IRS tax-exemption ruling in October 1972, 54 years ago. 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, Golden Triangle Planning & Development District Inc reported income of $10.2m and spending of $10.3m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $12.2m to $10.2m (-16%), an average of -4.4% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Golden Triangle Planning & Development District Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within MS. Charities of a similar size with the same main cause include University of Tennessee Research Foundation ($10.2m), Southwestern Pennsylvania Corporation ($10.2m) and Mastery Charter School John Wister Campus ($10.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $424k (4.1% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $17.1m against liabilities of $2.6m, net assets of $14.5m. It reported 162 employees.