Beadle & Spink Enterprise Community Inc

Analysis

Beadle & Spink Enterprise Community Inc is a registered charity in United States, based in Doland, SD. It received its IRS tax-exemption ruling in April 1996, 30 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, Beadle & Spink Enterprise Community Inc reported income of $247k and spending of $363k, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $331k to $247k (-25%), an average of -7.1% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Beadle & Spink Enterprise Community Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within SD. Charities of a similar size with the same main cause include National Council of Jewish Women Incorporated ($246k), Rebuilding Together Boston Inc ($247k) and Campaign for a Drug Free Westside Inc ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 104% of the total. Compensation of current officers, directors and key employees was $87k (24% of expenses). Other salaries and wages came to $5,896. At year end it held assets of $7.5m against liabilities of $2.4m, net assets of $5.1m. It reported 3 employees.