Roslyn Downtown Association

Analysis

Roslyn Downtown Association is a registered charity in United States, based in Roslyn, WA. It received its IRS tax-exemption ruling in April 2006, 20 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, Roslyn Downtown Association reported income of $437k and spending of $368k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $366k to $437k (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 262%. Over the whole period it spent 302% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Roslyn Downtown Association 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 66th percentile within WA. Charities of a similar size with the same main cause include Troyredevelopment Foundation Inc ($437k), BLCK Street ($438k) and Silver Beach Shadowland ($437k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 110% of the total. Other salaries and wages came to $16k. At year end it held assets of $884k against liabilities of $50, net assets of $884k. It reported 3 employees.