Belle Plaine Community Develpment Corporation

Analysis

Belle Plaine Community Develpment Corporation is a registered charity in United States, based in Belle Plaine, IA. It received its IRS tax-exemption ruling in June 2008, 18 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, Belle Plaine Community Develpment Corporation reported income of $51k and spending of $50k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $51k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Belle Plaine Community Develpment Corporation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within IA. Charities of a similar size with the same main cause include Thompson Valley Rotary Club Foundation ($51k), Rockford Rotary Charitable Association ($51k) and Conejo Valley Village ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 22% of the total. At year end it held assets of $116k against liabilities of $0, net assets of $116k.