Ticonderoga Main Street Partnership Inc

Analysis

Ticonderoga Main Street Partnership Inc is a registered charity in United States, based in Ticonderoga, NY. It received its IRS tax-exemption ruling in January 2010, 16 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, Ticonderoga Main Street Partnership Inc reported income of $76k and spending of $78k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $76k (+13%), an average of +13% a year. Over the whole period it spent 114% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ticonderoga Main Street Partnership Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include First Principles Forum ($76k), Greater Community Development Corporation ($76k) and Little Bird Armenian Development Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 32% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.