Indianhead Community Action Agency

Analysis

Indianhead Community Action Agency is a registered charity in United States, based in Ladysmith, WI. It received its IRS tax-exemption ruling in September 1967, 59 years ago. 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, Indianhead Community Action Agency reported income of $5.7m and spending of $5.0m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.3m to $5.7m (-38%), an average of -11% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indianhead Community Action Agency sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within WI. Charities of a similar size with the same main cause include Southern Kennebec Child Development Corporation ($5.7m), Addiction Treatment Services Inc ($5.7m) and The Dee Norton Lowcountry Childrens Center Inc ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $97k (2.0% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $4.9m against liabilities of $704k, net assets of $4.2m. It reported 92 employees.