Downtown de Pere Inc

Analysis

Downtown de Pere Inc is a registered charity in United States, based in De Pere, WI. It received its IRS tax-exemption ruling in December 2013, 13 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 de Pere Inc reported income of $323k and spending of $347k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $259k to $323k (+25%), an average of +5.6% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Downtown de Pere Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within WI. Charities of a similar size with the same main cause include Anacostia Trails Heritage Area Inc ($323k), St Petersburg Saturday Morning Market Inc ($323k) and Puzzle Piece Pastries Inc ($323k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Other salaries and wages came to $173k. At year end it held assets of $98k against liabilities of $27k, net assets of $71k. It reported 2 employees.