Bourbon County Redi Inc

Analysis

Bourbon County Redi Inc is a registered charity in United States, based in Fort Scott, KS. It received its IRS tax-exemption ruling in July 2022, 4 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 December 2023, Bourbon County Redi Inc reported income of $224k and spending of $217k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $178k to $224k (+26%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 109%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bourbon County Redi Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within KS. Charities of a similar size with the same main cause include Foundation for a Sustainable Community Inc ($224k), Glenwood Springs Chamber Foundation ($224k) and Encore Employment Enterprise Inc ($224k).

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 $75k. At year end it held assets of $116k against liabilities of $2,928, net assets of $113k. It reported 4 employees.