Dome District Business Association Inc

Analysis

Dome District Business Association Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in May 2015, 11 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 September 2024, Dome District Business Association Inc reported income of $130k and spending of $110k, spending 84% of its income. Across the 2 years on record, from September 2023 to September 2024, income grew from $84k to $130k (+54%), an average of +54% a year. The sharpest change came in the year to September 2024, when income rose by 54%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Dome District Business Association Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Mt Carmel Area Industrial Development Committee ($130k), Workforce Opportunity Resource Center Worc2 Lab Inc ($130k) and Kane Area Community Center Inc ($130k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 67% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.