Mercer County Better Together

Analysis

Mercer County Better Together is a registered charity in United States, based in Aledo, IL. It received its IRS tax-exemption ruling in June 2018, 8 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 December 2023, Mercer County Better Together reported income of $448k and spending of $233k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $448k (+277%), an average of +277% a year. The sharpest change came in the year to December 2023, when income rose by 277%. Over the whole period it spent 69% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mercer County Better Together sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Community Chest of Knox County Inc ($448k), Bayview Community Development Corporation ($449k) and Mosaic Unlimited Inc ($448k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $157k. At year end it held assets of $294k against liabilities of $4,799, net assets of $289k.