Grand Marsh Area Development Corpor

Analysis

Grand Marsh Area Development Corpor is a registered charity in United States, based in Grand Marsh, WI. It received its IRS tax-exemption ruling in June 1983, 43 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, Grand Marsh Area Development Corpor reported income of $67k and spending of $45k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $2,241 to $67k (+2895%), an average of +2895% a year. The sharpest change came in the year to December 2023, when income rose by 2895%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grand Marsh Area Development Corpor sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within WI. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($67k), Arapahoe County 4 H Foundation Inc ($67k) and Project Not Forgotten Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 0.8% of the total. At year end it held assets of $116k against liabilities of $0, net assets of $116k.