East Side Business Improvement District

Analysis

East Side Business Improvement District is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in April 1999, 27 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, East Side Business Improvement District reported income of $403k and spending of $336k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $240k to $403k (+68%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, East Side Business Improvement District sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within WI. Charities of a similar size with the same main cause include Newport County Development Council ($403k), Avj Foundation ($404k) and Williston Parks & Recreation Foundation Inc ($403k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $80k (24% of expenses). Other salaries and wages came to $2,000. At year end it held assets of $190k against liabilities of $0, net assets of $190k. It reported 2 employees.