Downtown Georgetown Revitalization Association

Analysis

Downtown Georgetown Revitalization Association is a registered charity in United States, based in Georgetown, SC. It received its IRS tax-exemption ruling in January 1989, 37 years ago. 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, Downtown Georgetown Revitalization Association reported income of $194k and spending of $202k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $172k to $194k (+12%), an average of +12% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Downtown Georgetown Revitalization Association sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 59th percentile within SC. Charities of a similar size with the same main cause include Life Sail Inc ($194k), Friends of the Gateway School Inc ($194k) and Lions Camp Horizon ($194k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 46% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.