Dodgeville Revitalization Program

Analysis

Dodgeville Revitalization Program is a registered charity in United States, based in Dodgeville, WI. It received its IRS tax-exemption ruling in April 1994, 32 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, Dodgeville Revitalization Program reported income of $174k and spending of $132k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $164k to $174k (+6.4%), an average of +1.6% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Dodgeville Revitalization Program sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within WI. Charities of a similar size with the same main cause include 51st Street Business Association ($174k), Middleburg Institute ($174k) and Greater Pell City Rotary Club Community Endowment Foundation ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $56k (42% of expenses). Other salaries and wages came to $13k. At year end it held assets of $359k against liabilities of $7,031, net assets of $352k. It reported 2 employees.