Gardiner Main Street

Analysis

Gardiner Main Street is a registered charity in United States, based in Gardiner, ME. It received its IRS tax-exemption ruling in February 2005, 21 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, Gardiner Main Street reported income of $139k and spending of $114k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $156k to $139k (-11%), an average of -11% a year. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Gardiner Main Street sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 38th percentile within ME. Charities of a similar size with the same main cause include Widow Connection Inc ($139k), Newton County Tomorrow Inc ($139k) and Pams Place Counseling Center ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 4.2% of the total. At year end it held assets of $232k against liabilities of $3,843, net assets of $228k.