Allston Village Main Streets Inc

Analysis

Allston Village Main Streets Inc is a registered charity in United States, based in Allston, MA. It received its IRS tax-exemption ruling in October 1997, 29 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 June 2024, Allston Village Main Streets Inc reported income of $268k and spending of $241k, spending 90% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $302k to $268k (-11%), an average of -11% a year. Over the whole period it spent 74% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Allston Village Main Streets Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Coastal Communities Family Success Center Inc ($268k), Belvedere Real Care Providers Network Inc ($268k) and Rowan Growth Partners ($268k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 47% of the total. Other salaries and wages came to $96k. At year end it held assets of $263k against liabilities of $0, net assets of $263k. It reported 2 employees.