Downtown Association of Yakima

Analysis

Downtown Association of Yakima is a registered charity in United States, based in Yakima, WA. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 Association of Yakima reported income of $684k and spending of $598k, spending 87% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $411k to $684k (+67%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Downtown Association of Yakima sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within WA. Charities of a similar size with the same main cause include Minnesota American Legion Foundation ($684k), Comite de Apoyo a Los Trabajadores Agricolas Inc ($684k) and Houston Esperanza ($684k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $55k (9.3% of expenses). Other salaries and wages came to $168k. At year end it held assets of $470k against liabilities of $0, net assets of $470k. It reported 7 employees.