Desour Valley Edc Inc

Analysis

Desour Valley Edc Inc is a registered charity in United States, based in Burlington, ND. It received its IRS tax-exemption ruling in August 1992, 34 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, Desour Valley Edc Inc reported income of $152k and spending of $112k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $189k to $152k (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2023, when income rose by 280%. Over the whole period it spent 131% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Desour Valley Edc Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 39th percentile within ND. Charities of a similar size with the same main cause include We Lead ($152k), Pine Street Committee Inc ($152k) and Columbus Realtors Foundation ($152k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% of the total. Compensation of current officers, directors and key employees was $4,618 (4.1% of expenses). At year end it held assets of $736k against liabilities of $0, net assets of $736k. It reported 1 employees.