South 27th Street Business District Association Inc

Analysis

South 27th Street Business District Association Inc is a registered charity in United States, based in Greenfield, WI. It received its IRS tax-exemption ruling in June 2011, 15 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, South 27th Street Business District Association Inc reported income of $159k and spending of $167k, spending 105% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $219k to $159k (-27%), an average of -10% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, South 27th Street Business District 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 48th percentile within WI. Charities of a similar size with the same main cause include Californians for Renewable Energy Inc ($159k), Aspiring Texas Latinos Achieving Succeeding Together ($159k) and Main Street Crestview Association Inc ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $66k (39% of expenses). At year end it held assets of $457k against liabilities of $371k, net assets of $86k.