Stevenson Downtown Association

Analysis

Stevenson Downtown Association is a registered charity in United States, based in Stevenson, WA. It received its IRS tax-exemption ruling in December 2016, 10 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, Stevenson Downtown Association reported income of $310k and spending of $216k, leaving 30% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $230k to $310k (+35%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Stevenson Downtown Association sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within WA. Charities of a similar size with the same main cause include Taos County Economic Development Corporation ($309k), Shared Spaces Foundation ($310k) and Neighbors Plus ($309k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $89k. At year end it held assets of $468k against liabilities of $5,633, net assets of $462k. It reported 3 employees.