Downtown Green Bay Inc

Analysis

Downtown Green Bay Inc is a registered charity in United States, based in Green Bay, WI. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 Green Bay Inc reported income of $923k and spending of $948k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $291k to $923k (+217%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 212%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Downtown Green Bay Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within WI. Charities of a similar size with the same main cause include Apple Seeds Inc ($921k), Glover Empowermentoring ($923k) and Three Treasures Cultural Arts Society Inc ($921k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $104k (11% of expenses). Other salaries and wages came to $288k. At year end it held assets of $667k against liabilities of $79k, net assets of $588k. It reported 28 employees.