Charity Search / DOWNTOWN DEVELOPMENT ASSOCIATION OF LINCOLNTON INC
Community Improvement (S30) 990 on File

DOWNTOWN DEVELOPMENT ASSOCIATION OF LINCOLNTON INC

EIN: 56-1699362 · LINCOLNTON, NC 28093-0491 · United States · FY 2025 Data
3 out of 5 43 / 100 Based on 2+ years of filings
Financial strength (30%) 74/100
Reliability (20%) 55/100
Effectiveness (25%) 41/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$168K
Total Revenue
$142K
Total Expenses
$167K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 57.6%
Fundraising Efficiency N/A
Operating Reserve 14.12x
Liability-to-Asset 23.6%
Revenue Diversification 69.0%
Compared with Peers
FY 2025
Compared with 2,137 similar organizations (United States, Community Improvement, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
57.6% 84.4%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
14.1 mo 11.1 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
23.6% 2.2%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
69.0% 91.6%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-3.9% 4.2%
P10P90
Expense growth
Year over year expense growth
-21.4% 8.4%
P10P90
Surplus margin
Surplus as a share of revenue
15.5% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $168K $142K $167K 57.6%
2024 $175K $181K $141K 55.3%
2023 $100K $107K $147K 58.3%
2022 $84K $144K $154K 73.4%
2021 $113K $77K N/A 1
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Organization Details
EIN
56-1699362
State
NC
City
LINCOLNTON
ZIP
28093-0491
Classification
S30
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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