Rural Employment Opportunities Inc

Analysis

Rural Employment Opportunities Inc is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in February 1982, 44 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 2024, Rural Employment Opportunities Inc reported income of $866k and spending of $864k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.2m to $866k (-30%), an average of -8.4% a year. The sharpest change came in the year to June 2022, when income dropped by 35%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rural Employment Opportunities Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within MT. Charities of a similar size with the same main cause include International Council on Hotel Restaurant and Institutional Educa ($866k), Bilal Community Center ($866k) and Maryland World Class Consortia Ltd ($866k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $187k (22% of expenses). Other salaries and wages came to $208k. At year end it held assets of $156k against liabilities of $53k, net assets of $103k. It reported 15 employees.