Main Street Counseling Service
Analysis
Main Street Counseling Service is a registered charity in United States, based in West Orange, NJ. It received its IRS tax-exemption ruling in October 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Counseling Service reported income of $2.4m and spending of $2.9m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.4m (+7.6%), an average of +1.8% a year. Over the whole period it spent 100% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Main Street Counseling Service sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Luminus Network Inc ($2.4m), Diakonos Inc ($2.4m) and TLC Homelessness Board ($2.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $354k (12% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $696k against liabilities of $830k, net assets of -$134k. It reported 41 employees.
Income and spending
Where the income comes from
- Contributions & grants 51%
- Program services 49%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Luminus Network Inc | Columbia | $2.4m |
| Diakonos Inc | Statesville | $2.4m |
| TLC Homelessness Board | Toledo | $2.4m |
| Alternative Living Solutions | Latrobe | $2.4m |