Frazee Community Development Corporation Inc

Analysis

Frazee Community Development Corporation Inc is a registered charity in United States, based in Frazee, MN. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Frazee Community Development Corporation Inc reported income of $77k and spending of $121k, spending 156% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $186k to $77k (-58%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 51% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Frazee Community Development Corporation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within MN. Charities of a similar size with the same main cause include Citizens Committee for Greenwich Youth Inc ($77k), Amazing Grace Farms Ministry Center of the Cm&a Inc ($77k) and Village Life ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 109% of the total. At year end it held assets of $254k against liabilities of $89k, net assets of $165k.