Main Street Van Wert Inc

Analysis

Main Street Van Wert Inc is a registered charity in United States, based in Van Wert, OH. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Van Wert Inc reported income of $123k and spending of $144k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $136k to $123k (-9.4%), an average of -9.4% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Main Street Van Wert Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within OH. Charities of a similar size with the same main cause include Ira B Jones Primary Parent-Teacher Organization ($123k), PTA Texas Congress ($123k) and College Guild ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $131k against liabilities of $13k, net assets of $117k.