Downtown Foundation Inc

Analysis

Downtown Foundation Inc is a registered charity in United States, based in Bowling Green, OH. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 Foundation Inc reported income of $50k and spending of $99k, spending 197% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $125k to $50k (-60%), an average of -60% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 124% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Downtown Foundation Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within OH. Charities of a similar size with the same main cause include Earth Hacks Foundation ($50k), Swan Lake Area Wildlife Assoication ($50k) and California Water and Environmental Modeling Forum ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $295k against liabilities of $2,000, net assets of $293k.