Charity Search / LAGRANGE COUNTY ECONOMIC DEVELOPMENT CORPORATION
Community Improvement (S30) IRS Verified DX Registered 990 on File

LAGRANGE COUNTY ECONOMIC DEVELOPMENT CORPORATION

EIN: 80-0309463 · LAGRANGE, IN 46761-2112 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 99/100
Reliability (20%) 50/100
Effectiveness (25%) 90/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Mission Statement

To better the lives of LaGrange County citizens, both individual and corporate, through the responsible growth and enhanced opportunities that economic development brings

Financial Overview — FY 2024
$276K
Total Revenue
$261K
Total Expenses
$974K
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 79.0%
Fundraising Efficiency N/A
Operating Reserve 44.85x
Liability-to-Asset 5.0%
Revenue Diversification 51.5%
Compared with Peers
FY 2024
Compared with 4,285 similar organizations (United States, Community Improvement, $100K–$1M in expenses), FY 2024.
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
79.0% 83.7%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
21.0% 13.2%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
44.9 mo 11.3 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
5.0% 3.1%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
51.5% 92.2%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
24.6% 7.1%
P10P90
Expense growth
Year over year expense growth
11.0% 9.1%
P10P90
Surplus margin
Surplus as a share of revenue
5.7% 2.9%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $276K $261K $974K 79.0% 3
2023 $222K $235K $959K 78.6% 2
2022 $296K $373K $971K 81.7% 3
2021 $1.1M $832K N/A 3
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Organization Details
EIN
80-0309463
State
IN
City
LAGRANGE
ZIP
46761-2112
Classification
S30
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2009
Foundation Code
15
Form 990
On File
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