Downtown Sacramento Revitalization Corporation

Analysis

Downtown Sacramento Revitalization Corporation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in August 2005, 21 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Downtown Sacramento Revitalization Corporation reported income of $441k and spending of $208k, leaving 53% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $417k to $441k (+5.7%), an average of +1.4% a year. The sharpest change came in the year to June 2020, when income rose by 858%. Over the whole period it spent 20% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Downtown Sacramento Revitalization Corporation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Massachusetts Regional Employment Board Association ($441k), Jazjordan Inc ($441k) and Associated Builders and Contractors Craft Training Trust of Alaska ($441k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $12.0m against liabilities of $1.3m, net assets of $10.7m.