Lake Francis Case Development Corporation Inc

Analysis

Lake Francis Case Development Corporation Inc is a registered charity in United States, based in Chamberlain, SD. It received its IRS tax-exemption ruling in January 1989, 37 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, Lake Francis Case Development Corporation Inc reported income of $144k and spending of $141k, spending 98% of its income. Across the 4 years on record, from December 2018 to December 2023, income grew from $63k to $144k (+127%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 115%. Over the whole period it spent 77% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lake Francis Case Development Corporation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within SD. Charities of a similar size with the same main cause include Washington Municipal Clerks Association ($144k), Camp Mariastella Inc ($144k) and Eden Economic Development Corporati on ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $62k. At year end it held assets of $280k against liabilities of $573, net assets of $279k. It reported 2 employees.