Saint Paul Downtown Alliance

Analysis

Saint Paul Downtown Alliance is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 2019, 7 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, Saint Paul Downtown Alliance reported income of $2.6m and spending of $3.1m, spending 116% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $768k to $2.6m (+245%), an average of +51% a year. The sharpest change came in the year to December 2021, when income rose by 299%. 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, Saint Paul Downtown Alliance sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MN. Charities of a similar size with the same main cause include Freedom Work Opportunities of Genesee County Inc ($2.6m), Wisconsin Lions Foundation Inc ($2.6m) and People Powered - Global Hub for Participatory Democracy Inc ($2.6m).

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 $365k. At year end it held assets of $1.4m against liabilities of $217k, net assets of $1.2m.