Rural Economic Development Center INC
Raleigh, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $21,387,422↑88% | $11,713,020↑58% | $262,359,551↑17% | |
| 2022 | $11,378,133↓76% | $7,400,388↑21% | $223,566,149↓3% | — |
| 2021 | $47,793,767↑698% | $6,129,181↑31% | $231,001,114↑152% | — |
| 2020 | $5,989,172↓20% | $4,667,786↓46% | $91,820,049↑31% | — |
| 2019 | $7,448,090↑61% | $8,603,886↑145% | $69,830,541↓5% | — |
| 2018 | $4,615,637↑8% | $3,514,107↑25% | $73,848,242↑10% | — |
| 2017 | $4,271,162↓37% | $2,818,494↓17% | $67,285,496↑7% | — |
| 2016 | $6,832,897↓34% | $3,384,690↑4% | $62,835,201 | — |
| 2015 | $10,341,726↓38% | $3,268,144↓84% | $63,100,351↓1% | — |
| 2014 | $16,642,283↓62% | $20,059,034↓63% | $63,561,215↓65% | — |
| 2013 | $44,119,617↑13% | $54,794,392↓11% | $179,197,733↑3% | — |
| 2012 | $38,883,079↑3% | $61,702,237↓21% | $173,718,148↓13% | — |
| 2011 | $37,707,127 | $77,847,000 | $200,024,460 | — |
Frequently Asked Questions
What does Rural Economic Development Center INC do?▼
Rural Economic Development Center INC is a community improvement & capacity building nonprofit organization based in North Carolina. It is classified under NTEE code S320 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Rural Economic Development Center INC financially healthy?▼
Based on our 9-metric Financial Health Score model, Rural Economic Development Center INC has a score of 63/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Rural Economic Development Center INC generate?▼
Rural Economic Development Center INC reports $70.0M in annual revenue and holds $309.1M in total assets, based on IRS filings.
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