Greater Beecher Business District Association

Analysis

Greater Beecher Business District Association is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in November 2010, 16 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, Greater Beecher Business District Association reported income of $171k and spending of $169k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $351k to $171k (-51%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Beecher Business District Association sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include Downtown Las Cruces Partnership ($171k), Lake 100 Inc ($171k) and Redlands Rotary Club Foundation ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% of the total. Other salaries and wages came to $44k. At year end it held assets of $297k against liabilities of $22k, net assets of $275k. It reported 20 employees.