North 24th Street Business Improvement District Association

Analysis

North 24th Street Business Improvement District Association is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in May 2020, 6 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, North 24th Street Business Improvement District Association reported income of $132k and spending of $137k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $132k (+123%), an average of +123% a year. The sharpest change came in the year to December 2023, when income rose by 123%. Over the whole period it spent 117% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, North 24th Street Business Improvement District Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NE. Charities of a similar size with the same main cause include Santa Maria Valley Community Foundation ($132k), Cahaba Foundation Inc ($132k) and Florida Corrections Accreditation Commission Inc ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.