Langley Main Street Association

Analysis

Langley Main Street Association is a registered charity in United States, based in Langley, WA. It received its IRS tax-exemption ruling in October 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, Langley Main Street Association reported income of $167k and spending of $148k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $129k to $167k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Langley Main Street Association sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 46th percentile within WA. Charities of a similar size with the same main cause include Rogue Valley Food System Network ($166k), Everywomans Self-Defense Inc ($167k) and Urban Innovation Analysis Inc ($166k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $130k against liabilities of $379, net assets of $130k.