Durand Charm NFP

Analysis

Durand Charm NFP is a registered charity in United States, based in Durand, IL. It received its IRS tax-exemption ruling in October 2014, 12 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 governmental unit under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Durand Charm NFP reported income of $115k and spending of $25k, leaving 79% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $36k to $115k (+221%), an average of +79% a year. The sharpest change came in the year to December 2023, when income rose by 311%. Over the whole period it spent 31% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Durand Charm NFP sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within IL. Charities of a similar size with the same main cause include Kewaunee County Economic Development Corporation ($115k), Batesville Main Street Inc ($115k) and Delta Compass ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 0.1% of the total. At year end it held assets of $147k against liabilities of $0, net assets of $147k.