Conway Downtown Partnership Inc

Analysis

Conway Downtown Partnership Inc is a registered charity in United States, based in Conway, AR. It received its IRS tax-exemption ruling in June 2003, 23 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, Conway Downtown Partnership Inc reported income of $212k and spending of $189k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $196k to $212k (+8.3%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Conway Downtown Partnership Inc 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 55th percentile, and in the 56th percentile within AR. Charities of a similar size with the same main cause include Waukegan Regional Air Show ($212k), Institute for Sustainable Diversity and Inclusion ($212k) and Biomedical Research and Innovation Park ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 60% of the total. At year end it held assets of $194k against liabilities of $47k, net assets of $147k.