Bad Axe Development Corp

Analysis

Bad Axe Development Corp is a registered charity in United States, based in Viroqua, WI. It received its IRS tax-exemption ruling in October 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 March 2024, Bad Axe Development Corp reported income of $98k and spending of $79k, spending 80% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $83k to $98k (+18%), an average of +4.1% a year. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bad Axe Development Corp sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within WI. Charities of a similar size with the same main cause include LA Habra Rotary Club Foundation ($98k), California Latino Capitol Association Foundation ($98k) and Beulah Senior Citizen Club Inc ($98k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 54% and program service revenue 43% of the total. Other salaries and wages came to $12k. At year end it held assets of $262k against liabilities of $97k, net assets of $165k.