Downtown Fond du Lac Partnership Inc

Analysis

Downtown Fond du Lac Partnership Inc is a registered charity in United States, based in Fond du Lac, WI. It received its IRS tax-exemption ruling in April 2014, 12 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 Fond du Lac Partnership Inc reported income of $448k and spending of $429k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $211k to $448k (+112%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Downtown Fond du Lac Partnership Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within WI. Charities of a similar size with the same main cause include Forge Greensboro ($448k), Mosaic Unlimited Inc ($448k) and United Plant & Production Workers L 175 Apprenticeship Skil Improv F ($448k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 38% of the total. Other salaries and wages came to $171k. At year end it held assets of $147k against liabilities of $3,505, net assets of $143k. It reported 7 employees.