Danebod Village

Analysis

Danebod Village is a registered charity in United States, based in Tyler, MN. It received its IRS tax-exemption ruling in April 1983, 43 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Danebod Village reported income of $419k and spending of $253k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $506k to $419k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2021, when income dropped by 40%. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Danebod Village sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MN. Charities of a similar size with the same main cause include Newbury Elderly Housing Inc ($419k), Lexington Elderly Housing Inc ($419k) and Villa San Pedro HDC Inc ($418k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. Other salaries and wages came to $33k. At year end it held assets of $1.3m against liabilities of $123k, net assets of $1.2m. It reported 3 employees.