Brown County Economic Development Partners Inc

Analysis

Brown County Economic Development Partners Inc is a registered charity in United States, based in Sleepy Eye, MN. It received its IRS tax-exemption ruling in October 1990, 36 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, Brown County Economic Development Partners Inc reported income of $61k and spending of $32k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $30k to $61k (+105%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 282%. Over the whole period it spent 67% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Brown County Economic Development Partners Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within MN. Charities of a similar size with the same main cause include Junior League of Honolulu Inc ($61k), Tigerflight Foundation Inc ($61k) and Javne Fund ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. At year end it held assets of $378k against liabilities of $2,339, net assets of $376k.