5th Avenue and 4th Street Special Improvement District

Analysis

5th Avenue and 4th Street Special Improvement District is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in September 2022, 4 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, 5th Avenue and 4th Street Special Improvement District reported income of $288k and spending of $293k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $241k to $288k (+20%), an average of +9.4% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, 5th Avenue and 4th Street Special Improvement District sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include Access Laporte County Inc ($288k), Trail Recreation Effingham County ($288k) and Troup County Center for Strategic Planning Inc ($288k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $8,864 against liabilities of $6,864, net assets of $2,000.