CSCharityScored
87

Morgan County Rural Water Corporation

Other · Martinsville, Indiana

1395 E Shore Dr, Martinsville, IN 46151-8814

EIN: 351105987· Founded: Jun 1971· 55 years active· Filing Year: 2023

Annual Revenue

$2.6M

Total Expenses

$2.2M

Total Assets

$20.9M

Program Spending

117%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$18K

0.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$479K

Total Payroll

$497K

23% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 23%
Other overhead: -17%
Program Revenue$2.5M (98%)
Total Expenses$2.2M (84%)
Payroll$497K (23%)
Overhead (non-program)-17%

Trust Score Breakdown

Program Spending Ratio

117% of expenses go to programs

40%

Revenue & Stability

$2.6M annual revenue

15%

Executive Compensation

$18K total officer comp (0.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$20.9M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.