Four Bands Community Fund Inc

Analysis

Four Bands Community Fund Inc is a registered charity in United States, based in Eagle Butte, SD. It received its IRS tax-exemption ruling in June 2000, 26 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, Four Bands Community Fund Inc reported income of $10.3m and spending of $7.7m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $10.3m (+459%), an average of +54% a year. The sharpest change came in the year to December 2020, when income rose by 88%. Over the whole period it spent 63% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Four Bands Community Fund Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within SD. Charities of a similar size with the same main cause include Integrated Resources Institute ($10.2m), GW Business Solutions LLC ($10.3m) and New Jersey Manufacturing Extension Program Inc ($10.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $139k (1.8% of expenses). Other salaries and wages came to $744k. At year end it held assets of $30.7m against liabilities of $11.8m, net assets of $19.0m. It reported 20 employees.