Downtown Huntsville Charitable Fund
EIN: 760727229 · Huntsville, AL · NTEE: S31
| Metric | Value |
|---|---|
| Total Revenue | $251K |
| Total Expenses | $75K |
| Net Assets | $1.3M |
Is Downtown Huntsville Charitable Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Downtown Huntsville Charitable Fund
Downtown Huntsville Charitable Fund (EIN: 760727229) is a nonprofit organization based in Huntsville, AL, classified under NTEE code S31. The organization reported total revenue of $251K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downtown Huntsville Charitable Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Downtown Huntsville Charitable Fund is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $75K |
| Surplus / Deficit | $-62,220 |
| Total Assets | $1.3M |
| Net Assets | $1.3M |
| Operating Margin | -476.1% |
| Months of Reserves | 207.7 months |
Financial Health Grade: B
In 2023, Downtown Huntsville Charitable Fund reported a deficit of $62K with expenses exceeding revenue, holds 207.7 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +149.6% | -21.7% | +9.5% |
| 2022 | -90.2% | +9.2% | -23.0% |
| 2021 | +436.5% | +7.0% | +0.0% |
| 2019 | -1659.2% | +48.2% | -28.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Downtown Huntsville Charitable Fund has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Downtown Huntsville Charitable Fund with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $62K, with expenses exceeding revenue.
Frequently Asked Questions about Downtown Huntsville Charitable Fund
Is Downtown Huntsville Charitable Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Downtown Huntsville Charitable Fund (EIN: 760727229) insufficient data. 0 red flags identified, 0 strengths noted.
How does Downtown Huntsville Charitable Fund spend its money?
Detailed spending breakdown data is not yet available for Downtown Huntsville Charitable Fund. Check back for updated IRS 990 analysis.
Are donations to Downtown Huntsville Charitable Fund tax-deductible?
Downtown Huntsville Charitable Fund is registered as a tax-exempt nonprofit (EIN: 760727229). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Downtown Huntsville Charitable Fund located?
Downtown Huntsville Charitable Fund is headquartered in Huntsville, Alabama and files with the IRS under EIN 760727229. It is classified under NTEE code S31.
How many years of IRS 990 filings does Downtown Huntsville Charitable Fund have?
Downtown Huntsville Charitable Fund has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $251K in total revenue.
Filing History
IRS 990 filing history for Downtown Huntsville Charitable Fund showing financial trends over 13 years of public records:
Total assets decreased by 78.2% over the same period, from $6.0M to $1.3M. Total functional expenses fell by 73.4%, from $283K to $75K. In its most recent filing year (2023), Downtown Huntsville Charitable Fund reported a deficit of $62K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13K | $75K | $1.3M | $0 | — | — |
| 2022 | $5K | $96K | $1.2M | $0 | — | — |
| 2021 | $53K | $88K | $1.5M | $0 | — | — |
| 2020 | $10K | $82K | $1.5M | $0 | — | — |
| 2019 | $-565,442 | $87K | $1.6M | $8K | — | View 990 |
| 2018 | $36K | $59K | $2.3M | $0 | — | View 990 |
| 2017 | $43K | $77K | $2.3M | $0 | — | View 990 |
| 2016 | $47K | $78K | $2.3M | $171 | — | View 990 |
| 2015 | $58K | $94K | $2.4M | $8K | — | View 990 |
| 2014 | $42K | $122K | $2.4M | $0 | — | View 990 |
| 2013 | $-695,478 | $195K | $3.1M | $621K | — | View 990 |
| 2012 | $-313,687 | $251K | $5.2M | $1.8M | — | View 990 |
| 2011 | $-355,571 | $283K | $6.0M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13K, expenses of $75K, and assets of $1.3M (revenue +149.6% year-over-year).
- 2022: Revenue of $5K, expenses of $96K, and assets of $1.2M (revenue -90.2% year-over-year).
- 2021: Revenue of $53K, expenses of $88K, and assets of $1.5M (revenue +436.5% year-over-year).
- 2020: Revenue of $10K, expenses of $82K, and assets of $1.5M.
- 2019: Revenue of $-565,442, expenses of $87K, and assets of $1.6M (revenue -1659.2% year-over-year).
- 2018: Revenue of $36K, expenses of $59K, and assets of $2.3M (revenue -14.8% year-over-year).
- 2017: Revenue of $43K, expenses of $77K, and assets of $2.3M (revenue -9.7% year-over-year).
- 2016: Revenue of $47K, expenses of $78K, and assets of $2.3M (revenue -18.6% year-over-year).
- 2015: Revenue of $58K, expenses of $94K, and assets of $2.4M (revenue +37.0% year-over-year).
- 2014: Revenue of $42K, expenses of $122K, and assets of $2.4M.
- 2013: Revenue of $-695,478, expenses of $195K, and assets of $3.1M.
- 2012: Revenue of $-313,687, expenses of $251K, and assets of $5.2M.
- 2011: Revenue of $-355,571, expenses of $283K, and assets of $6.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Downtown Huntsville Charitable Fund:
Data Sources and Methodology
This transparency report for Downtown Huntsville Charitable Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.