Main Street School Inc

Analysis

Main Street School Inc is a registered charity in United States, based in Norwalk, IA. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Main Street School Inc reported income of $191k and spending of $225k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $198k to $191k (-3.3%), an average of -3.3% a year. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Main Street School Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within IA. Charities of a similar size with the same main cause include St Charles City County Library Foundation ($191k), Entrepreneurs Organization ($191k) and University of Michigan Club of Detroit Scholarship Fund ($191k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.9% and program service revenue 93% of the total. At year end it held assets of $217k against liabilities of $24k, net assets of $193k.