Columbus Avenue District Management Association Inc

Analysis

Columbus Avenue District Management Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 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, Columbus Avenue District Management Association Inc reported income of $552k and spending of $542k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $386k to $552k (+43%), an average of +9.4% a year. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Columbus Avenue District Management Association Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Lewis County Center for Construcive Resolution and Convers ($551k), 1979 Legacy Corp ($552k) and Ringgold County Development Corp ($551k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $85k (16% of expenses). Other salaries and wages came to $27k. At year end it held assets of $613k against liabilities of $85k, net assets of $527k. It reported 1 employees.