Brighton Main Streets Inc

Analysis

Brighton Main Streets Inc is a registered charity in United States, based in Brighton, MA. It received its IRS tax-exemption ruling in December 1998, 28 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, Brighton Main Streets Inc reported income of $163k and spending of $131k, spending 81% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $195k to $163k (-17%), an average of -17% a year. The sharpest change came in the year to June 2024, when income dropped by 17%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Brighton Main Streets Inc 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 54th percentile within MA. Charities of a similar size with the same main cause include Rockwood Food ($163k), Austin Community Growth Ventures ($163k) and Baltimore Avenue Redevelopment Corporation ($162k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 4.1% and program service revenue 92% of the total. At year end it held assets of $244k against liabilities of $0, net assets of $244k.