Auburn Downtown Partnership Inc

Analysis

Auburn Downtown Partnership Inc is a registered charity in United States, based in Auburn, NY. It received its IRS tax-exemption ruling in October 1994, 32 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, Auburn Downtown Partnership Inc reported income of $567k and spending of $568k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $272k to $567k (+109%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 43%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Auburn Downtown Partnership 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 Pink & Green Community Service Foundation ($567k), Yes2jobs ($567k) and Lenape Bloemendael District Management Association ($567k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $66k (12% of expenses). Other salaries and wages came to $156k. At year end it held assets of $298k against liabilities of $199k, net assets of $99k. It reported 10 employees.