District Management Association Downtown Troy Business Improvement

Analysis

District Management Association Downtown Troy Business Improvement is a registered charity in United States, based in Troy, NY. It received its IRS tax-exemption ruling in March 2012, 14 years ago. 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, District Management Association Downtown Troy Business Improvement reported income of $234k and spending of $372k, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $330k to $234k (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, District Management Association Downtown Troy Business Improvement sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Pitcare Inc ($234k), Camp Fireside Inc ($234k) and Little League Baseball Inc ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $70k (19% of expenses). Other salaries and wages came to $95k. At year end it held assets of $185k against liabilities of $47k, net assets of $138k. It reported 6 employees.