Williamsburg Downtown District

Analysis

Williamsburg Downtown District is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in February 2024, 2 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, Williamsburg Downtown District reported income of $89k and spending of $91k, spending 103% of its income. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 65% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Williamsburg Downtown District sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within VA. Charities of a similar size with the same main cause include Decatur County Development Corporation ($89k), East Mississippi Business Development Foundation ($89k) and National Council of Jewish Women GR Eater KC Section ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.