Driftless Development Inc

Analysis

Driftless Development Inc is a registered charity in United States, based in PR du Chien, WI. It received its IRS tax-exemption ruling in July 2018, 8 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, Driftless Development Inc reported income of $363k and spending of $380k, spending 105% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $104k to $363k (+250%), an average of +52% a year. The sharpest change came in the year to December 2021, when income rose by 100%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Driftless Development Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within WI. Charities of a similar size with the same main cause include Ironworkers Local 292 General BLDG Contractors Assn Appr Eductl Fund ($363k), Franklin Simpson Renaissance ($363k) and Main Street Pascagoula ($363k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $110k (29% of expenses). At year end it held assets of $139k against liabilities of $11k, net assets of $127k.