North Carolina Main Street Partners

Analysis

North Carolina Main Street Partners is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in March 2008, 18 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, North Carolina Main Street Partners reported income of $137k and spending of $93k, leaving 32% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $122k to $137k (+12%), an average of +12% a year. Over the whole period it spent 73% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, North Carolina Main Street Partners sits at the 42nd 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 43rd percentile within NC. Charities of a similar size with the same main cause include CHP Memorial Wall ($137k), Junior League of Central Westchester Inc ($137k) and Alliance for Neighborhood Restoration Inc ($137k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $181k against liabilities of $0, net assets of $181k.