Mason City Downtown Association

Analysis

Mason City Downtown Association is a registered charity in United States, based in Mason City, IA. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Mason City Downtown Association reported income of $112k and spending of $112k, spending 101% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $44k to $112k (+152%), an average of +20% a year. The sharpest change came in the year to December 2019, when income rose by 76%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mason City Downtown Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within IA. Charities of a similar size with the same main cause include Florida Ethics Institute Inc ($112k), RB Foundation Inc ($112k) and Urban Watersheds Research Institute Inc ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.