University District Development Association

Analysis

University District Development Association is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in September 1999, 27 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, University District Development Association reported income of $422k and spending of $420k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $260k to $422k (+62%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 53%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, University District Development Association sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within WA. Charities of a similar size with the same main cause include Human Solidarity Project Inc ($421k), Murray County Developmental Center Inc ($422k) and National Utilities Diversity Council ($421k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Other salaries and wages came to $207k. At year end it held assets of $243k against liabilities of $17k, net assets of $225k. It reported 2 employees.