Benton Community Development Group

Analysis

Benton Community Development Group is a registered charity in United States, based in Benton, WI. It received its IRS tax-exemption ruling in June 1993, 33 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Benton Community Development Group reported income of $78k and spending of $182k, spending 235% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $56k to $78k (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 259%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Benton Community Development Group sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within WI. Charities of a similar size with the same main cause include Edenton-Chowan Partnership Inc ($78k), Manhattan Chamber Foundation ($78k) and Coronado Junior Womans Club ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.3% and program service revenue 45% of the total. At year end it held assets of $582k against liabilities of $258k, net assets of $325k.