Rural Neighborhoods Incorporated

Analysis

Rural Neighborhoods Incorporated is a registered charity in United States, based in Florida City, FL. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Rural Neighborhoods Incorporated reported income of $2.6m and spending of $1.4m, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.6m (+32%), an average of +7.3% a year. The sharpest change came in the year to December 2022, when income rose by 208%. Over the whole period it spent 24% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rural Neighborhoods Incorporated sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Four Directions Development Corporation ($2.6m), Turning Point of South Carolina Inc ($2.6m) and Bgc-Ii Nonprofit Housing Corporation ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $345k. At year end it held assets of $29.7m against liabilities of $3.2m, net assets of $26.4m.