Downtown Indiana a Non-Profit Corporation

Analysis

Downtown Indiana a Non-Profit Corporation is a registered charity in United States, based in Indiana, PA. It received its IRS tax-exemption ruling in November 1988, 38 years ago. 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 Indiana a Non-Profit Corporation reported income of $75k and spending of $151k, spending 201% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $61k to $75k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2022, when income rose by 99%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Downtown Indiana a Non-Profit Corporation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within PA. Charities of a similar size with the same main cause include Pittsford Musicals Inc ($75k), Bstrong Together NFP ($75k) and Alexandria Association ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 47% of the total. At year end it held assets of $15k against liabilities of $89k, net assets of -$73k.