Region 10 League for Economic Assistance & Planning Inc

Analysis

Region 10 League for Economic Assistance & Planning Inc is a registered charity in United States, based in Montrose, CO. It received its IRS tax-exemption ruling in April 2011, 15 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 June 2022, Region 10 League for Economic Assistance & Planning Inc reported income of $4.5m and spending of $5.1m, spending 113% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income grew from $4.1m to $4.5m (+9.1%), an average of +3.0% a year. The sharpest change came in the year to June 2021, when income rose by 71%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Region 10 League for Economic Assistance & Planning Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CO. Charities of a similar size with the same main cause include RDC Commercial Center Inc ($4.5m), Family Works ($4.5m) and Prea Foundation Inc ($4.5m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 92% and program service revenue 8.2% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $16.3m against liabilities of $2.3m, net assets of $14.0m. It reported 19 employees.