West Monroe Downtown Revitalization Group

Analysis

West Monroe Downtown Revitalization Group is a registered charity in United States, based in West Monroe, LA. It received its IRS tax-exemption ruling in April 2016, 10 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, West Monroe Downtown Revitalization Group reported income of $293k and spending of $266k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $314k to $293k (-6.8%), an average of -3.4% a year. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, West Monroe Downtown Revitalization Group sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within LA. Charities of a similar size with the same main cause include Wenatchee Downtown Association ($293k), Friends of Ski Run ($293k) and Southwest Educational Partners for Training ($293k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.