Downtown Driggs Association Inc

Analysis

Downtown Driggs Association Inc is a registered charity in United States, based in Driggs, ID. It received its IRS tax-exemption ruling in July 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 September 2023, Downtown Driggs Association Inc reported income of $271k and spending of $299k, spending 111% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $201k to $271k (+34%), an average of +7.7% a year. The sharpest change came in the year to September 2021, when income rose by 46%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Downtown Driggs Association Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within ID. Charities of a similar size with the same main cause include Abayomi Community Development Corporation ($270k), Homestead Valley Community Assn ($271k) and Senior Center ($270k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Other salaries and wages came to $118k. At year end it held assets of $64k against liabilities of $0, net assets of $64k. It reported 3 employees.