Dekalb County Economic Development Partnership Inc

Analysis

Dekalb County Economic Development Partnership Inc is a registered charity in United States, based in Auburn, IN. It received its IRS tax-exemption ruling in December 2007, 19 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, Dekalb County Economic Development Partnership Inc reported income of $337k and spending of $300k, spending 89% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $254k to $337k (+33%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 19%. 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, Dekalb County Economic Development Partnership Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within IN. Charities of a similar size with the same main cause include NCS Community Development Corp ($337k), Punxsutawney Groundhog Club ($338k) and East End Maker Hub Qalicb Inc ($337k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $91k (30% of expenses). Other salaries and wages came to $101k. At year end it held assets of $237k against liabilities of $1,261, net assets of $236k. It reported 3 employees.