Main Street Steamboat Springs Inc

Analysis

Main Street Steamboat Springs Inc is a registered charity in United States, based in Steamboat SPR, CO. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Steamboat Springs Inc reported income of $258k and spending of $251k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $219k to $258k (+18%), an average of +8.6% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Main Street Steamboat Springs Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CO. Charities of a similar size with the same main cause include Bva Marching Band Boosters Inc ($258k), Carter Memorial Nursery School Inc ($258k) and Taproot Farm & Environmental Education Center ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $78k (31% of expenses). Other salaries and wages came to $17k. At year end it held assets of $97k against liabilities of $2,071, net assets of $95k. It reported 2 employees.