Mission Hill Main Streets

Analysis

Mission Hill Main Streets is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in June 1999, 27 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, Mission Hill Main Streets reported income of $162k and spending of $141k, spending 87% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $258k to $162k (-37%), an average of -37% a year. The sharpest change came in the year to June 2024, when income dropped by 37%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mission Hill Main Streets sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include Lincoln County Economic Development Corporation ($162k), Elkton Alliance Inc ($162k) and Better Ponca Foundation Inc ($162k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 77% of the total. At year end it held assets of $206k against liabilities of $191, net assets of $206k.