College Park Main Street Inc

Analysis

College Park Main Street Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in March 2009, 17 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, College Park Main Street Inc reported income of $283k and spending of $291k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $301k to $283k (-6.2%), an average of -1.6% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, College Park Main Street Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Haverford Partnership for Economic Development ($282k), Wilfandel Club ($283k) and Hui Huliau Hou ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $63k. At year end it held assets of $265k against liabilities of $0, net assets of $265k. It reported 2 employees.