West Chester Downtown Foundation

Analysis

West Chester Downtown Foundation is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, West Chester Downtown Foundation reported income of $106k and spending of $74k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $106k (+25%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, West Chester Downtown Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within PA. Charities of a similar size with the same main cause include Fredette Family Foundation ($106k), Aj Donohue Foundation Inc ($106k) and Pound the Pavement 501 Inc ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.