Downtown Brattleboro Alliance Inc

Analysis

Downtown Brattleboro Alliance Inc is a registered charity in United States, based in Brattleboro, VT. It received its IRS tax-exemption ruling in May 1999, 27 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 June 2023, Downtown Brattleboro Alliance Inc reported income of $1.3m and spending of $1.2m, spending 94% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $2.2m to $1.3m (-41%), an average of -23% a year. The sharpest change came in the year to June 2022, when income dropped by 32%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Downtown Brattleboro Alliance Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within VT. Charities of a similar size with the same main cause include Educational Programs Inspiring Communities Inc ($1.3m), Work Force Investment Board of the Southwest Region Inc ($1.3m) and Meeting Professionals International Foundation ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.4% of the total. Other salaries and wages came to $103k. At year end it held assets of $94k against liabilities of $5,662, net assets of $88k. It reported 4 employees.