Main Street Clinton

Analysis

Main Street Clinton is a registered charity in United States, based in Clinton, MS. It received its IRS tax-exemption ruling in May 2008, 18 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 Clinton reported income of $205k and spending of $202k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $231k to $205k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 94% 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 Clinton sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within MS. Charities of a similar size with the same main cause include Retrain Reclaim Renew Inc ($205k), Arcadia Building Company ($206k) and Washington State Rural Development Council ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. Other salaries and wages came to $134k. At year end it held assets of $279k against liabilities of $125k, net assets of $154k.