Downtown Tipp City Partnership Inc

Analysis

Downtown Tipp City Partnership Inc is a registered charity in United States, based in Tipp City, OH. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Downtown Tipp City Partnership Inc reported income of $118k and spending of $102k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $118k (+9.5%), an average of +9.5% a year. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Downtown Tipp City Partnership Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Downtown Clifton Economic Development Group Inc ($118k), Rock Island Parks and Recreation Foundation ($118k) and Iowas West Coast Initiative ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $51k against liabilities of $25k, net assets of $26k.