Downtown Shenandoah Inc

Analysis

Downtown Shenandoah Inc is a registered charity in United States, based in Shenandoah, PA. It received its IRS tax-exemption ruling in October 2004, 22 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, Downtown Shenandoah Inc reported income of $276k and spending of $149k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $215k to $276k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 328%. Over the whole period it spent 28% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Downtown Shenandoah Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Bradley Prevention Coalition Inc ($276k), Love in Motion Foundation Inc ($276k) and Bloomfield Development Corporation ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Other salaries and wages came to $56k. At year end it held assets of $1.9m against liabilities of $1,184, net assets of $1.9m.