Holly Springs Main Street Association Incorporated

Analysis

Holly Springs Main Street Association Incorporated is a registered charity in United States, based in Holly Springs, MS. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Holly Springs Main Street Association Incorporated reported income of $135k and spending of $42k, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $60k to $135k (+124%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 217%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Holly Springs Main Street Association Incorporated sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within MS. Charities of a similar size with the same main cause include Thrall Community 4h Ffa Booster Club ($135k), Healing Hands Outreach Center Inc ($135k) and Lets Go Services ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $120k against liabilities of $59k, net assets of $61k.