Bowman County Job Development Inc

Analysis

Bowman County Job Development Inc is a registered charity in United States, based in Bowman, ND. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Bowman County Job Development Inc reported income of $1.5m and spending of $784k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $712k to $1.5m (+115%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bowman County Job Development Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within ND. Charities of a similar size with the same main cause include Buttons & Bows Preschool Development Center Inc ($1.5m), Loxahatchee River Historical Society Inc ($1.5m) and Taylor County Senior Citizens Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $116k (15% of expenses). Other salaries and wages came to $229k. At year end it held assets of $2.6m against liabilities of $111k, net assets of $2.5m. It reported 14 employees.