Danville Improvement Fund Inc

Analysis

Danville Improvement Fund Inc is a registered charity in United States, based in Danville, AR. It received its IRS tax-exemption ruling in August 1976, 50 years ago. 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, Danville Improvement Fund Inc reported income of $130k and spending of $15k, leaving 89% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $21k to $130k (+529%), an average of +529% a year. The sharpest change came in the year to December 2023, when income rose by 529%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Danville Improvement Fund Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within AR. Charities of a similar size with the same main cause include Friends of the Library of Carlsbad California ($130k), Medical Evacuation Disaster Intervention Corps LLC ($130k) and Transcending Incrementalism ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $305k against liabilities of $11k, net assets of $294k.