Downtown Las Cruces Partnership

Analysis

Downtown Las Cruces Partnership is a registered charity in United States, based in Las Cruces, NM. It received its IRS tax-exemption ruling in June 2002, 24 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 June 2022, Downtown Las Cruces Partnership reported income of $171k and spending of $198k, spending 116% of what it took in. Across the 2 years on record, from June 2021 to June 2022, income fell from $211k to $171k (-19%), an average of -19% a year. The sharpest change came in the year to June 2022, when income dropped by 19%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Downtown Las Cruces Partnership sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NM. Charities of a similar size with the same main cause include Redlands Rotary Club Foundation ($171k), Greater Beecher Business District Association ($171k) and Progress Okc a Community Development Corporation Inc ($171k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 19% and program service revenue 81% of the total. Other salaries and wages came to $80k. At year end it held assets of $109k against liabilities of $27k, net assets of $82k. It reported 2 employees.