Downtown Findlay Improvement District Inc

Analysis

Downtown Findlay Improvement District Inc is a registered charity in United States, based in Findlay, OH. It received its IRS tax-exemption ruling in March 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 December 2023, Downtown Findlay Improvement District Inc reported income of $60k and spending of $46k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1,326 to $60k (+4412%), an average of +159% a year. The sharpest change came in the year to December 2020, when income rose by 4201%. Over the whole period it spent 126% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Downtown Findlay Improvement District Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within OH. Charities of a similar size with the same main cause include Junior League of Monmouth Cty Inc ($60k), Riverside Womans Club of Jacksonville ($60k) and Junior Welfare League of Huntington Inc ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.