Downtown Belton Main Street Inc

Analysis

Downtown Belton Main Street Inc is a registered charity in United States, based in Belton, MO. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Downtown Belton Main Street Inc reported income of $2.6m and spending of $2.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $575k to $2.6m (+354%), an average of +46% a year. The sharpest change came in the year to December 2021, when income rose by 202%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Downtown Belton Main Street Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within MO. Charities of a similar size with the same main cause include Ipc National Charitable Foundation ($2.6m), Yougivegoods Foundation Inc ($2.6m) and Bergin College of Canine Studies ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $576k. At year end it held assets of $460k against liabilities of $0, net assets of $460k. It reported 14 employees.