Downtown Dayton Partnership Corp

Analysis

Downtown Dayton Partnership Corp is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in August 1993, 33 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 Dayton Partnership Corp reported income of $2.3m and spending of $2.3m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.3m (+15%), an average of +3.6% a year. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Downtown Dayton Partnership Corp sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include City of Albuquerque Foundation ($2.3m), Our Katahdin ($2.3m) and Cleveland Electrical Joint Apprenticeship and Training Trust ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $256k (11% of expenses). Other salaries and wages came to $636k. At year end it held assets of $2.6m against liabilities of $680k, net assets of $1.9m. It reported 22 employees.