Webster 20 20 Incorporated

Analysis

Webster 20 20 Incorporated is a registered charity in United States, based in Webster, SD. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Webster 20 20 Incorporated reported income of $140k and spending of $117k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $140k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Webster 20 20 Incorporated sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within SD. Charities of a similar size with the same main cause include Florida Alliance for Community Solutions Inc ($140k), Professional Opportunities Program for Students Inc ($140k) and Revitalize Comanche Inc ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 30% of the total. At year end it held assets of $441k against liabilities of $0, net assets of $441k.