Roslindale Village Main Street Inc

Analysis

Roslindale Village Main Street Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in December 1991, 35 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, Roslindale Village Main Street Inc reported income of $521k and spending of $559k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $226k to $521k (+131%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Roslindale Village Main Street Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include Wyoming County Fair Inc ($521k), Right Turn Inc ($521k) and District 4 Coalition ($521k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% of the total. Compensation of current officers, directors and key employees was $77k (14% of expenses). At year end it held assets of $436k against liabilities of $24k, net assets of $412k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.