Central Business Improvement Distri CT Management Association Inc

Analysis

Central Business Improvement Distri CT Management Association Inc is a registered charity in United States, based in Glens Falls, NY. It received its IRS tax-exemption ruling in September 2014, 12 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, Central Business Improvement Distri CT Management Association Inc reported income of $161k and spending of $191k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $161k (+94%), an average of +94% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Central Business Improvement Distri CT Management Association Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Junior League of Corpus Christi Inc ($161k), Acres Home Chamber for Buisness and Economic Development Inc ($161k) and The Valley Center Opportunity Zone ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.7% and program service revenue 95% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.