Charity Search / FOUNDATION FOR THE DEVELOPMENT OF RURAL COMMUNITIES INC
Health Care (E99) 990 on File

FOUNDATION FOR THE DEVELOPMENT OF RURAL COMMUNITIES INC

EIN: 20-4201085 · CHARLOTTE, NC 28277-1413 · United States · FY 2023 Data
3 out of 5 43 / 100 Based on 2+ years of filings
Financial strength (30%) 66/100
Reliability (20%) 50/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2023
$215K
Total Revenue
$189K
Total Expenses
$52K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 95.8%
Fundraising Efficiency N/A
Operating Reserve 3.32x
Liability-to-Asset 0.0%
Revenue Diversification 96.9%
Executive Compensation $0
Compared with Peers
FY 2023
Compared with 6,416 similar organizations (United States, Health Care, $100K–$1M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
95.8% 84.9%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
3.3 mo 13.8 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 1.4%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
96.9% 94.7%
P10P90
Below median
Revenue growth
Year over year revenue growth
32.1% 6.3%
P10P90
Expense growth
Year over year expense growth
-2.3% 10.8%
P10P90
Surplus margin
Surplus as a share of revenue
12.0% 3.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $215K $189K $52K 95.8% —
2022 $163K $194K $27K 97.0% —
2021 $164K $156K $58K 97.2% —
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Organization Details
EIN
20-4201085
State
NC
City
CHARLOTTE
ZIP
28277-1413
Classification
E99
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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