Downside Up

Analysis

Downside Up is a registered charity in United States, based in Hixson, TN. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Downside Up reported income of $117k and spending of $102k, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $107k to $117k (+9.0%), an average of +4.4% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Downside Up sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within TN. Charities of a similar size with the same main cause include Eudemonia Medical Service ($117k), New York Center for the Advancement of Cognitive Brain Health Inc ($117k) and Raising Hope Inc ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $31k against liabilities of $382, net assets of $30k.