Main Street Crestview Association Inc

Analysis

Main Street Crestview Association Inc is a registered charity in United States, based in Crestview, FL. It received its IRS tax-exemption ruling in May 2004, 22 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 September 2023, Main Street Crestview Association Inc reported income of $159k and spending of $120k, leaving 25% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $127k to $159k (+25%), an average of +25% a year. The sharpest change came in the year to September 2023, when income rose by 25%. Over the whole period it spent 86% 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 Crestview Association Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include San Joaquin County Hispanic Foundation Inc ($159k), Californians for Renewable Energy Inc ($159k) and Institute for Public Leadership Inc ($159k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 40% and program service revenue 55% of the total. At year end it held assets of $98k against liabilities of $1,848, net assets of $97k.