RURAL ECONOMIC DEVELOPMENT CENTER INC
RALEIGH,
North Carolina,
27610
EIN: 56-1552375
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
4021 CARYA DR
27610
COUNTY
wake county, NC
ORGANIZATIONAL OVERVIEW & RANKINGS
RURAL ECONOMIC DEVELOPMENT CENTER INC is a based in RALEIGH, NC, focused on Community Improvement, Capacity Building causes . Established in April 1987, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $262,359,551.00, this ranks 4,579 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 108 out of 80,207 organizations in NC (Top 1%).
In wake county, NC, the organization ranks 15 out of 10,332 nonprofits by assets (Top 1%), while locally in raleigh, it stands at 12 among 6,106 organizations (Top 1%).
The organization reported annual revenue of $21,387,422.00, ranking 16,865 nationally (Top 1%) and 362 in NC (Top 1%).
Within its specific NTEE classification (S320 - S: Community Improvement, Capacity Building), which includes 20 similar organizations, RURAL ECONOMIC DEVELOPMENT CENTER INC ranks 1 in assets (Top 1%) and 1 in revenue (Top 1%).
The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Gifts grants or loans to other organizations
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
N/A
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
8: $10,000,000 to $49,999,999
INCOME AMOUNT
$26,051,550.00
FORM 990 REVENUE AMOUNT
$21,387,422.00
RULING DATE
04/1987
ASSET CODE
9: $50,000,000 to greater
ASSET AMOUNT
$262,359,551.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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