Central Fulton Street District Management Association Inc

Analysis

Central Fulton Street District Management Association Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2011, 15 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 2023, Central Fulton Street District Management Association Inc reported income of $704k and spending of $594k, spending 84% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $609k to $704k (+16%), an average of +4.9% a year. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Central Fulton Street District Management Association Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Queens County Chamber of Commerce Foundation Inc ($704k), Cyber Proud Inc ($704k) and Downtown Chambersburg Inc ($704k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $87k (15% of expenses). Other salaries and wages came to $73k. At year end it held assets of $551k against liabilities of $193k, net assets of $359k.