Centralia Downtown Association

Analysis

Centralia Downtown Association is a registered charity in United States, based in Centralia, WA. It received its IRS tax-exemption ruling in May 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 June 2023, Centralia Downtown Association reported income of $166k and spending of $154k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $169k to $166k (-2.0%), an average of -0.5% a year. The sharpest change came in the year to June 2021, when income rose by 275%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Centralia Downtown Association sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 46th percentile within WA. Charities of a similar size with the same main cause include Thrift Angels ($166k), Junior League of Wyandotte and Johnson Counties in Kansas Inc ($166k) and Urban Corps Inc ($166k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $47k. At year end it held assets of $160k against liabilities of $16k, net assets of $144k. It reported 1 employees.