Safford Downtown Association Inc

Analysis

Safford Downtown Association Inc is a registered charity in United States, based in Safford, AZ. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Safford Downtown Association Inc reported income of $66k and spending of $79k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $307k to $66k (-79%), an average of -32% a year. The sharpest change came in the year to December 2022, when income rose by 111%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Safford Downtown Association Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within AZ. Charities of a similar size with the same main cause include International Visual Sociology Association Inc ($66k), Gar Post 25 Inc ($66k) and Performing Arts Patrons Association Inc ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.