Noblesville Main Street Inc

Analysis

Noblesville Main Street Inc is a registered charity in United States, based in Noblesville, IN. It received its IRS tax-exemption ruling in January 1995, 31 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, Noblesville Main Street Inc reported income of $200k and spending of $222k, spending 111% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $173k to $200k (+15%), an average of +4.9% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Noblesville Main Street Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within IN. Charities of a similar size with the same main cause include Benincasa Community Inc ($200k), Retail Advancement Fund ($200k) and Friends of Herriman Parks Trails Arts and Culture ($200k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Other salaries and wages came to $65k. At year end it held assets of $19k against liabilities of $1,803, net assets of $18k. It reported 1 employees.