High-Tech Small Town

Analysis

High-Tech Small Town is a registered charity in United States, based in Aledo, IL. It received its IRS tax-exemption ruling in March 2021, 5 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, High-Tech Small Town reported income of $62k and spending of $68k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $62k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 133% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, High-Tech Small Town sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within IL. Charities of a similar size with the same main cause include Rhode Island Business Plan Competition ($62k), Glacier County Regional Port Authority ($62k) and Gads Hill Support Corporation ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.1% and program service revenue 92% of the total. At year end it held assets of $13k against liabilities of $144, net assets of $13k.