Unfortunately, Rural Economic Development Center Inc. has limited available public data.
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Mission
Develop, promote, and implement sound economic strategies in rural north carolina
Basic Information
Tax-Exempt
Founded in
1987
EIN
56-1552375
Total Assets
$262.4 million
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 2 of 2 goals
MIP Score (Beta)
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The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
70
62
/100
Program Expense Ratio
77.59%
12
/20
Program Revenue Growth
129.19%
20
/20
Leverage Ratio
0.5597
8
/20
Working Capital Ratio
9.863
20
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 13.59M | 63.54% |
| Program Services | 330.6K | 1.55% |
| Investment Income | 6.894M | 32.23% |
| Sales of Non-Inventory Assets | -92.25K | -0.43% |
| Other Notable Sources | 654.6K | 3.06% |
| Total Revenue | 21.39M | 100.00% |
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