Beautiful Downtown Lewiston Revitalization Corp

Analysis

Beautiful Downtown Lewiston Revitalization Corp is a registered charity in United States, based in Lewiston, ID. It received its IRS tax-exemption ruling in January 2014, 12 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, Beautiful Downtown Lewiston Revitalization Corp reported income of $199k and spending of $233k, spending 117% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $165k to $199k (+20%), an average of +9.7% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Beautiful Downtown Lewiston Revitalization Corp sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within ID. Charities of a similar size with the same main cause include Alton Economic Development Corporation ($199k), Toledo Design Collective ($199k) and Monsignor McCann Community Fund ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 60% of the total. At year end it held assets of $180k against liabilities of $155k, net assets of $25k.