Newell Community Club Inc

Analysis

Newell Community Club Inc is a registered charity in United States, based in Newell, SD. It received its IRS tax-exemption ruling in February 2020, 6 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, Newell Community Club Inc reported income of $78k and spending of $71k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $78k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Newell Community Club Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 25th percentile within SD. Charities of a similar size with the same main cause include Fort Detrick Alliance Inc ($78k), Minnesota Center for Employee Ownership ($78k) and Philadelphia Chapter of Professional Women in Construction ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 54% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.