Fort Belknap Community Economic Development Corporation

Analysis

Fort Belknap Community Economic Development Corporation is a registered charity in United States, based in Harlem, MT. It received its IRS tax-exemption ruling in July 2015, 11 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, Fort Belknap Community Economic Development Corporation reported income of $529k and spending of $739k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $363k to $529k (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2020, when income rose by 109%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fort Belknap Community Economic Development Corporation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MT. Charities of a similar size with the same main cause include RSVL Inc ($529k), Council for Supplier Diversity ($530k) and We Are Hope Inc ($529k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Other salaries and wages came to $127k. At year end it held assets of $219k against liabilities of $406k, net assets of -$187k. It reported 12 employees.