Quitman County Economic Tourism & Development Inc

Analysis

Quitman County Economic Tourism & Development Inc is a registered charity in United States, based in Marks, MS. It received its IRS tax-exemption ruling in July 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Quitman County Economic Tourism & Development Inc reported income of $60k and spending of $56k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $60k (+4.9%), an average of +4.9% a year. 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, Quitman County Economic Tourism & Development Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within MS. Charities of a similar size with the same main cause include Rialto Community Theater Inc ($59k), Hilltown Vision Fund Inc ($60k) and Quail Valley Proud ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,678 against liabilities of $0, net assets of $3,678.