Fatted Calf

Analysis

Fatted Calf is a registered charity in United States, based in Brookings, SD. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover employment, 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, Fatted Calf reported income of $79k and spending of $23k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $87k to $79k (-9.8%), an average of -2.5% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 58% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fatted Calf sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 25th percentile within SD. Charities of a similar size with the same main cause include St Arbor Community Development Inc ($79k), Springfield on the Move Inc ($79k) and TWS Community Outreach Inc ($79k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.