Main Street York Inc

Analysis

Main Street York Inc is a registered charity in United States, based in York, PA. It received its IRS tax-exemption ruling in September 2003, 23 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 York Inc reported income of $1.2m and spending of $1.2m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $676k to $1.2m (+77%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 99% 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 York Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include Extraspecialteas Inc ($1.2m), KC Air Show Charities Inc ($1.2m) and Center for Nonprofit Management Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 16% of the total. Other salaries and wages came to $288k. At year end it held assets of $567k against liabilities of $375k, net assets of $191k.