Arlee Community Development Corporation

Analysis

Arlee Community Development Corporation is a registered charity in United States, based in Arlee, MT. It received its IRS tax-exemption ruling in March 2003, 23 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, Arlee Community Development Corporation reported income of $488k and spending of $440k, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $643k to $488k (-24%), an average of -8.8% a year. The sharpest change came in the year to December 2023, when income rose by 149%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Arlee Community Development Corporation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within MT. Charities of a similar size with the same main cause include Launchyourcity Inc ($488k), Concrete Industry Board Inc ($488k) and Greater Wisconsin Opportunities Fund Inc ($488k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 9.7% of the total. Compensation of current officers, directors and key employees was $75k (17% of expenses). Other salaries and wages came to $58k. At year end it held assets of $355k against liabilities of $165k, net assets of $191k. It reported 7 employees.