Division-Midway Alliance for Community Improvement

Analysis

Division-Midway Alliance for Community Improvement is a registered charity in United States, based in Portland, OR. 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 June 2023, Division-Midway Alliance for Community Improvement reported income of $1.0m and spending of $267k, leaving 74% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $300k to $1.0m (+241%), an average of +36% a year. The sharpest change came in the year to June 2023, when income rose by 175%. Over the whole period it spent 56% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Division-Midway Alliance for Community Improvement sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within OR. Charities of a similar size with the same main cause include Joint Apprenticeship Program Fund Asbestos Workers Local No 2 ($1.0m), Long Island City Business Improvement District Inc ($1.0m) and Council of State Community Developm Ent Agencies ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $77k (29% of expenses). Other salaries and wages came to $93k. At year end it held assets of $1.6m against liabilities of $249k, net assets of $1.3m. It reported 10 employees.