Native American Development Corporation

Analysis

Native American Development Corporation is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in May 1997, 29 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 September 2023, Native American Development Corporation reported income of $12.1m and spending of $8.3m, leaving 32% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.3m to $12.1m (+269%), an average of +39% a year. The sharpest change came in the year to September 2023, when income rose by 55%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Native American Development Corporation sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within MT. Charities of a similar size with the same main cause include Westview Services Inc ($12.1m), West Central Minnesota Communities Action Inc ($12.2m) and Locus ($12.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 38% and program service revenue 35% of the total. Other salaries and wages came to $3.4m. At year end it held assets of $12.1m against liabilities of $6.9m, net assets of $5.2m. It reported 60 employees.