Rural Community Assistance

Analysis

Rural Community Assistance is a registered charity in United States, based in W Sacramento, CA. It received its IRS tax-exemption ruling in November 1978, 48 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 September 2023, Rural Community Assistance reported income of $39.7m and spending of $34.1m, spending 86% of its income. Across the 4 years on record, from September 2019 to September 2023, income grew from $24.2m to $39.7m (+64%), an average of +18% a year. The sharpest change came in the year to September 2021, when income rose by 115%. Over the whole period it spent 72% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rural Community Assistance sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Fedcap Inc ($39.4m), Goodwill Industries of Southeastern Louisiana Inc ($39.7m) and JVS Socal ($39.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 79% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $1.7m (4.9% of expenses). Other salaries and wages came to $12.2m. At year end it held assets of $196.7m against liabilities of $104.8m, net assets of $91.9m. It reported 224 employees.