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North Carolina · Nonprofit

RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION

RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION (North Carolina) receives grants from 1 organization whose IRS filings report $998,513 to it, the largest being THE GOLDEN LEAF INC ($998,513). 0 of them have funded it in more than one year.

Revenue FY2025
$170k
Funders on record
1
Grants received
$999k
Net assets
$748k
0/1 repeat fundersgrants exceed reported revenue in one year
01What it does

What Rutherford County Economic Development Corporation does

Mission

To cultivate economic development opportunities for rutherford county.

As stated on its FY2025 Form 990.

Programs

  1. Receives donations from local businesses and uses the donation to further the economy development and industry growth in rutherford county.

  2. The organization purchases and manages shovel ready business park properties within the county as a means to cultivate further economic and industrial growth in rutherford county. Costs within the business park(s) are paid by the organization and a portion is reimbursed by other business park property owners through regime fees. Proceeds frpm sale of business park property is reinvested and used to cultivate further economic and industrial development.

    $23,594 spent
    100% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $23,594.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($146k) Net assets 100 ($146k)2019 Revenue 40 ($58k) Net assets 140 ($203k)2020 Revenue 49 ($72k) Expenses 100 ($10k) Net assets 182 ($265k)2021 Revenue 67 ($97k) Expenses 42 ($4k) Net assets 246 ($358k)2022 Revenue 228 ($332k) Expenses 55 ($5k) Net assets 471 ($685k)2023 Revenue 2 ($3k) Expenses 805 ($80k) Net assets 418 ($608k)2024 Revenue 2 ($3k) Expenses 92 ($9k) Net assets 413 ($601k)2025 Revenue 117 ($170k) Expenses 238 ($24k) Net assets 514 ($748k)
'18'19'20'21'22'23'24'25
Revenue (117)Expenses (238)Net assets (514)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $358k to $685k (+91%).

$146k
$203k
$265k
$358k
$685k
$609k
$601k
$749k
'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

99% of RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$146k
’18
$58k
’19
$62k
’20
$93k
’21
$327k
’22
−$77k
’23
−$6k
’24
$146k
’25
218
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

2022202320242025
Listed5446
Joined·+3+0+3
No longer listed·401
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'22
total
$999k
funders
1

From the IRS filings of RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION's grant income comes from North Carolina funders.

NC

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 7,175 community improvement nonprofits its size.

Operating margin86% · top quartile
Months of reserve218.4mo · top quartile
Revenue growth (annualized)2% · below the median

this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025

Organizations like RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

6
board members
100%
independent
–Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

87%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION?
RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION (North Carolina) receives grants from 1 organization whose IRS filings report $998,513 to it, the largest being THE GOLDEN LEAF INC ($998,513). 0 of them have funded it in more than one year.
How many funders does RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION have?
IRS filings report 1 organization giving $998,513 in grants to RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION.
Who is the largest funder of RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION?
THE GOLDEN LEAF INC is the largest funder on record, with $998,513 in grants. The full list of funders is on this page.
How can an organization like RUTHERFORD COUNTY ECONOMIC DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Rutherford County Economic Development →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing