Nonprofit screen
Screen a listRural Economic Development Center Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$70Mrevenue
FY2025 · +515% in 3 yrs63staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin83.4%
Months of reserve78.6mo
Revenue growth (annualized)+41.8%
Middle half of peersMedianRural Economic Development Center
Where the money goes FY2025 · $12M spent
Programs$9.0M77%Management and general$2.5M22%Fundraising$98k1%990 FY2025 · Part IX line 25
Worth checking2
A major funder stopped after FY2020
Truist Foundation Inc gave $20M in FY2020.
Funders’ 990-PF grant listsFederal awards stopped after FY2020
$1.0M in FY2020, none traced since.
USAspendingIn its favor2
Strong governance
21 of 21 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 42% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohort30funders
$28Ma year, last 3 years
92%from its largest funder
Funder’17’18’19’20’21’22’23The Golden Leaf IncEvery year since FY2017$3.3M$200k$11M$20M$78M$219k$128kTruist Foundation IncOn and off$20MThe Duke EndowmentOn and off$153k$506k$828k$640kLilly Endowment IncNew in FY2023$1.3MDogwood Health TrustOn and off$180k$818kEwing Marion Kauffman FoundationOn and off$15k$125k$175k$349kDonor-advised giftsDonors not disclosed$5k$20M$158k$37k16 other fundersUp to $445k a year each$8k$31k$53k$218k$608k$220k$640k
FundedThrough a donor-advised fund