Saline Historic Downtown Alliance

Analysis

Saline Historic Downtown Alliance is a registered charity in United States, based in Saline, MI. It received its IRS tax-exemption ruling in April 2012, 14 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, Saline Historic Downtown Alliance reported income of $187k and spending of $199k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $205k to $187k (-8.6%), an average of -4.4% a year. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Saline Historic Downtown Alliance sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within MI. Charities of a similar size with the same main cause include Assistance League of Chaves County Inc ($187k), Hope Manifest Inc ($187k) and Afghan Womens and Kids Education & Necessities Inc ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 43% of the total. Other salaries and wages came to $60k. At year end it held assets of $118k against liabilities of $0, net assets of $118k. It reported 1 employees.