Charity Search / WESSINGTON SPRINGS AREA CHAMBER & DEVELOPMENT
Community Improvement (S32Z) 990 on File

WESSINGTON SPRINGS AREA CHAMBER & DEVELOPMENT

EIN: 46-0336659 · WESSINGTN SPG, SD 57382-0132 · United States · FY 2023 Data
2 out of 5 32 / 100 Based on 2+ years of filings
Financial strength (30%) 53/100
Reliability (20%) 55/100
Effectiveness (25%) 21/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2023
$44K
Total Revenue
$27K
Total Expenses
$81K
Net Assets
N/A
Employees
Revenue Sources
Program Expense Ratio 0.0%
Fundraising Efficiency 60.8%
Operating Reserve 35.70x
Liability-to-Asset 0.0%
Revenue Diversification 56.6%
Compared with Peers
FY 2023
Compared with 5,508 similar organizations (United States, Community Improvement, under $100K in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
0.0% 83.6%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
60.8% 41.5%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
35.7 mo 24.8 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
56.6% 99.0%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-13.0% -0.8%
P10P90
Expense growth
Year over year expense growth
-56.1% 0.0%
P10P90
Surplus margin
Surplus as a share of revenue
38.0% 11.9%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $44K $27K $81K 0.0%
2022 $51K $62K $64K 0.0%
2021 $221K $131K N/A 1
2020 $215K $81K N/A 1
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Organization Details
EIN
46-0336659
State
SD
City
WESSINGTN SPG
ZIP
57382-0132
Classification
S32Z
Category
Community Improvement
Rating
2★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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