Bowdon Development Center Inc

Analysis

Bowdon Development Center Inc is a registered charity in United States, based in Bowdon, ND. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bowdon Development Center Inc reported income of $56k and spending of $41k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $56k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 62% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bowdon Development Center Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 14th percentile within ND. Charities of a similar size with the same main cause include Westminster Figure Skating Club of Erie ($56k), Dorchester Youth Soccer Club Inc ($56k) and Randolph Youth Soccer Association Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. At year end it held assets of $97k against liabilities of $20k, net assets of $76k.