Main Street Manning

Analysis

Main Street Manning is a registered charity in United States, based in Manning, IA. 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, Main Street Manning reported income of $85k and spending of $108k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $118k to $85k (-28%), an average of -7.9% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 96% 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 Manning sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within IA. Charities of a similar size with the same main cause include Ciudad Mistica Inc ($85k), National Charity League Inc Allen Chapter ($85k) and Cazenovia Area Community Development Association Inc ($85k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $22k. At year end it held assets of $89k against liabilities of $1,346, net assets of $87k. It reported 1 employees.