Main Street Dayton

Analysis

Main Street Dayton is a registered charity in United States, based in Dayton, TN. It received its IRS tax-exemption ruling in February 2011, 15 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 Dayton reported income of $628k and spending of $333k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $117k to $628k (+434%), an average of +52% a year. The sharpest change came in the year to December 2022, when income rose by 110%. Over the whole period it spent 82% 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 Dayton sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within TN. Charities of a similar size with the same main cause include Fund 17 ($627k), Ulu Ae Learning Center ($628k) and Sowega Rising ($627k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 40% of the total. Other salaries and wages came to $35k. At year end it held assets of $601k against liabilities of $563k, net assets of $37k. It reported 1 employees.