Pine Bluff Downtown Development Inc

Analysis

Pine Bluff Downtown Development Inc is a registered charity in United States, based in Pine Bluff, AR. It received its IRS tax-exemption ruling in March 1990, 36 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 December 2023, Pine Bluff Downtown Development Inc reported income of $152k and spending of $151k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $146k to $152k (+3.6%), an average of +0.9% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pine Bluff Downtown Development Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within AR. Charities of a similar size with the same main cause include Camelot Theater Foundation ($152k), Columbus Realtors Foundation ($152k) and Mayview Mo Foundation ($152k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. Other salaries and wages came to $89k. At year end it held assets of $411k against liabilities of $1,721, net assets of $409k. It reported 3 employees.