Westside Business Association

Analysis

Westside Business Association is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Westside Business Association reported income of $114k and spending of $70k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $114k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Westside Business Association 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 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Spectrum in Motion Dance Theater Ensemble Inc ($114k), Southwest Seattle Historical Society ($114k) and Sutradhar Institute of Dance and Related Arts Inc ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.7% and program service revenue 29% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.