Downtown Maryville Alliance

Analysis

Downtown Maryville Alliance is a registered charity in United States, based in Maryville, TN. It received its IRS tax-exemption ruling in April 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Downtown Maryville Alliance reported income of $184k and spending of $122k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $184k (+160%), an average of +160% a year. The sharpest change came in the year to December 2023, when income rose by 160%. Over the whole period it spent 68% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Downtown Maryville Alliance sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within TN. Charities of a similar size with the same main cause include Cooperationworks ($184k), Three Rivers Library System ($184k) and Allegheny Clarion Valley Development Corporation ($184k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. At year end it held assets of $125k against liabilities of $1,897, net assets of $123k.