Shaw Main Streets Inc

Analysis

Shaw Main Streets Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2004, 22 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, Shaw Main Streets Inc reported income of $505k and spending of $570k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $553k to $505k (-8.7%), an average of -2.2% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 113% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Shaw Main Streets Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 44th percentile within DC. Charities of a similar size with the same main cause include Pennsylvania State Association of County Fairs ($504k), Impact Experience Institute ($505k) and Logan County Charitable and Educational Foundation Inc ($504k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $76k (13% of expenses). At year end it held assets of $262k against liabilities of $219k, net assets of $43k. It reported 1 employees.