Vineland Downtown Improvement Authority

Analysis

Vineland Downtown Improvement Authority is a registered charity in United States, based in Vineland, NJ. It received its IRS tax-exemption ruling in June 2009, 17 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, Vineland Downtown Improvement Authority reported income of $344k and spending of $343k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $276k to $344k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Vineland Downtown Improvement Authority sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include Urban Summit Incorporated ($344k), Love Live Local Inc ($344k) and Restore Hope Resources Inc ($344k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $117k. At year end it held assets of $718k against liabilities of $564k, net assets of $154k.