Downtown Excelsior Partnership Inc

Analysis

Downtown Excelsior Partnership Inc is a registered charity in United States, based in Excelsior SPG, MO. It received its IRS tax-exemption ruling in November 2007, 19 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Downtown Excelsior Partnership Inc reported income of $267k and spending of $286k, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $182k to $267k (+47%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 64%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Downtown Excelsior Partnership Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within MO. Charities of a similar size with the same main cause include National Executive Service Corps ($267k), Brownfield Coalition of the Northeast ($267k) and Newvue Liabilities to Assets Inc ($267k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% and program service revenue 21% of the total. Other salaries and wages came to $135k. At year end it held assets of $589k against liabilities of $0, net assets of $589k. It reported 6 employees.