West River Business Center Inc

Analysis

West River Business Center Inc is a registered charity in United States, based in Dickinson, ND. It received its IRS tax-exemption ruling in May 1994, 32 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, West River Business Center Inc reported income of $88k and spending of $109k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $88k (+14%), an average of +14% a year. Over the whole period it spent 119% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, West River Business Center Inc sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 25th percentile within ND. Charities of a similar size with the same main cause include Winchester Rotary Club Charitable Foundation Inc ($88k), Harry Hurley in the Morning Golf Open Inc ($88k) and Suited to Succeed Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 7.4% of the total. At year end it held assets of $59k against liabilities of $23k, net assets of $36k.