Main Street Crossing

Analysis

Main Street Crossing is a registered charity in United States, based in Tomball, TX. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Main Street Crossing reported income of $85k and spending of $133k, spending 156% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $176k to $85k (-52%), an average of -22% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Main Street Crossing sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Give Me That Book ($85k), McGod Inc ($85k) and Debrum Ministries ($85k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 133% of the total. Compensation of current officers, directors and key employees was $28k (21% of expenses). At year end it held assets of $1.5m against liabilities of $205k, net assets of $1.3m.