Downtown Development Committee Nonprofit Corporation
Spartanburg, South Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
4 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,690,616↑8% | $107,982↓15% | $5,917,438↑37% | |
| 2022 | $1,566,910↑6% | $126,705↑108% | $4,326,862↑16% | — |
| 2021 | $1,480,564↑1% | $60,874 | $3,726,348↓4% | — |
| 2020 | $1,458,918 | $0 | $3,893,484 | — |
Frequently Asked Questions
What does Downtown Development Committee Nonprofit Corporation do?▼
Downtown Development Committee Nonprofit Corporation is a public & societal benefit nonprofit organization based in South Carolina. It is classified under NTEE code W20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Downtown Development Committee Nonprofit Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Downtown Development Committee Nonprofit Corporation has a score of 73/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Downtown Development Committee Nonprofit Corporation generate?▼
Downtown Development Committee Nonprofit Corporation reports $2.2M in annual revenue and holds $2.6M in total assets, based on IRS filings.
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