Wetumpka Downtown

Analysis

Wetumpka Downtown is a registered charity in United States, based in Wetumpka, AL. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2024, Wetumpka Downtown reported income of $132k and spending of $124k, spending 94% of its income. Across the 2 years on record, from September 2023 to September 2024, income fell from $187k to $132k (-30%), an average of -30% a year. The sharpest change came in the year to September 2024, when income dropped by 30%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wetumpka Downtown sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within AL. Charities of a similar size with the same main cause include Mahaska Hospice Auxiliary ($132k), Better Business Bureau of Ne in Charitable & Educational Fund ($132k) and Heart Care Ministries ($132k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 76% of the total. At year end it held assets of $123k against liabilities of $1,720, net assets of $122k.