Decatur County Development Corporation

Analysis

Decatur County Development Corporation is a registered charity in United States, based in Leon, IA. It received its IRS tax-exemption ruling in April 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, Decatur County Development Corporation reported income of $89k and spending of $110k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $103k to $89k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Decatur County Development Corporation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within IA. Charities of a similar size with the same main cause include National Council of Jewish Women GR Eater KC Section ($89k), Williamsburg Downtown District ($89k) and Armourdale Renewal Association ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $44k. At year end it held assets of $338k against liabilities of $60k, net assets of $278k. It reported 1 employees.