Kewaunee County Economic Development Corporation

Analysis

Kewaunee County Economic Development Corporation is a registered charity in United States, based in Luxemburg, WI. It received its IRS tax-exemption ruling in February 2004, 22 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, Kewaunee County Economic Development Corporation reported income of $115k and spending of $108k, spending 94% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $80k to $115k (+44%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kewaunee County Economic Development Corporation 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 40th percentile within WI. Charities of a similar size with the same main cause include Delta Compass ($115k), Durand Charm NFP ($115k) and Isles Community Enterprises Corp ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $75k. At year end it held assets of $17k against liabilities of $2,358, net assets of $14k. It reported 3 employees.