Main Street Woodbury Inc

Analysis

Main Street Woodbury Inc is a registered charity in United States, based in Woodbury, NJ. It received its IRS tax-exemption ruling in February 1997, 29 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, Main Street Woodbury Inc reported income of $65k and spending of $25k, leaving 61% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $75k to $65k (-13%), an average of -4.7% a year. The sharpest change came in the year to December 2022, when income rose by 474%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Main Street Woodbury Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 33rd percentile within NJ. Charities of a similar size with the same main cause include Virginia Woods Property Owners Association Inc ($65k), Samaritan Center Endowment Fund Inc ($65k) and Southeast Enterprise Faciliation Project ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.