Eau Claire Community Complex Inc

Analysis

Eau Claire Community Complex Inc is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in July 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Eau Claire Community Complex Inc reported income of $2.8m and spending of $1.2m, leaving 58% of income unspent that year. The sharpest change came in the year to June 2023, when income dropped by 46%. Over the whole period it spent 15% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Eau Claire Community Complex Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WI. Charities of a similar size with the same main cause include Launch Alaska ($2.8m), Seattle Good Business Network ($2.8m) and Be a Helphing Hand Foundation ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $42k (3.7% of expenses). At year end it held assets of $57.0m against liabilities of $51.2m, net assets of $5.8m.