The District Inc

Analysis

The District Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in March 1990, 36 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The District Inc reported income of $80k and spending of $50k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $80k (-14%), an average of -14% a year. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The District Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within TN. Charities of a similar size with the same main cause include Prison Discipleship Inc ($80k), Selmer Senior Center Incorporated ($80k) and Madison County Historical Society Inc ($80k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $24k. At year end it held assets of $251k against liabilities of $1,059, net assets of $250k.