Advance Shullsburg Inc

Analysis

Advance Shullsburg Inc is a registered charity in United States, based in Shullsburg, WI. It received its IRS tax-exemption ruling in April 2017, 9 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 supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Advance Shullsburg Inc reported income of $81k and spending of $71k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $81k (+12%), an average of +12% a year. 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, Advance Shullsburg Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within WI. Charities of a similar size with the same main cause include Downtown Pullman Association ($81k), Akalaka Foundation Inc ($81k) and Casa Tallaboena de Formacion Comunitaria Y Resiliencia Inc ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $262k against liabilities of $5,465, net assets of $256k.