Dodge Center Foundation

Analysis

Dodge Center Foundation is a registered charity in United States, based in Dodge Center, MN. It received its IRS tax-exemption ruling in August 2013, 13 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, Dodge Center Foundation reported income of $54k and spending of $25k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $109k to $54k (-50%), an average of -16% a year. The sharpest change came in the year to December 2023, when income rose by 651%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Dodge Center Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 17th percentile within MN. Charities of a similar size with the same main cause include Norwood Together ($54k), Association of Chinese Professionals Atlanta Inc ($54k) and Beaver Club of Lafayette ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $322k against liabilities of $0, net assets of $322k.