Dyersville Industries Inc

Analysis

Dyersville Industries Inc is a registered charity in United States, based in Dyersville, IA. It received its IRS tax-exemption ruling in April 1987, 39 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, Dyersville Industries Inc reported income of $3.3m and spending of $892k, leaving 73% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $885k to $3.3m (+269%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 44% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Dyersville Industries Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within IA. Charities of a similar size with the same main cause include Latino Business Action Network Inc ($3.3m), St Clair Associated Vocational Enterprises Incorporated ($3.3m) and Climb Transition Services a Non-Profit Corporation ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $157k (18% of expenses). Other salaries and wages came to $184k. At year end it held assets of $11.0m against liabilities of $1.7m, net assets of $9.4m. It reported 29 employees.