Mission
ADVANCING THE VITALITY OF DOWNTOWN RALEIGH FOR EVERYONE.
Public Charity
DOWNTOWN RALEIGH ALLIANCE INC
DOWNTOWN RALEIGH ALLIANCE INC is a Public Charity headquartered in RALEIGH, NC. Financial data from the 2025 filing: $4.0M revenue, $4.1M expenses, $1.8M total assets. 3 publicly reported grants to this organization, totaling roughly $25K, appear in IRS filings.
EIN: 561994005
RALEIGH, NC
Latest filing: 2025
Total Revenue$4.0M
Total Expenses$4.1M
Total Assets$1.8M
Grant Records3
Funding Total$25K
Filing Years2021–2025
Where $100 goes at Downtown Raleigh Alliance Inc
How Downtown Raleigh Alliance Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$89
Programs
the work itself
$11
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $89 for programs
$23
The downtown Raleigh community engagement, safety, and social services outreach program fosters a welcoming and safe environment in downtown through the efforts of safety ambassadors who patrol the…
$22
The primary goals of the storefront development program are to contribute to downtown Raleigh's economic success by attracting new businesses to vacant storefronts, providing market data to attract…
$22
The balanced activations program serves as the face of the organization to the community
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$10,000
General Support
$8,050
GENERAL SUPPORT
$6,575
Showing up to 5 of 3 total records — full history available with membership.
Officers & Directors
DIRECTOR (EX-OFFICIO)
Adrienne Cole
DIRECTOR
Anna Grace Fitzgerald
PRESIDENT AND CEO
Bill King
BOARD LEGAL COUNSEL
Bo Dempster
BOARD SECRETARY
Britt Thomas
DIRECTOR
Carly Jones
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $4.0M | $4.1M | $1.8M |
| 2024 | $3.4M | $3.4M | $1.8M |
| 2023 | $3.1M | $2.9M | $1.7M |
| 2022 | $2.4M | $2.4M | $1.2M |
| 2021 | $2.6M | $2.6M | $1.3M |
Between 2021 and 2025, reported annual revenue grew from $2.6M to $4.0M (+53%), with total assets most recently reported at $1.8M.
Interactive year-over-year charts and full filing details available with membership.