Heart of Rushville-A Main Street Program

Analysis

Heart of Rushville-A Main Street Program is a registered charity in United States, based in Rushville, IN. It received its IRS tax-exemption ruling in January 1999, 27 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 May 2023, Heart of Rushville-A Main Street Program reported income of $190k and spending of $184k, spending 97% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $156k to $190k (+21%), an average of +21% a year. The sharpest change came in the year to May 2023, when income rose by 21%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Heart of Rushville-A Main Street Program sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within IN. Charities of a similar size with the same main cause include Bryant Neighborhood Organization Inc ($190k), Northeast Michigan Community Partnership Inc ($190k) and Sunshine Community Harvest Inc ($190k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 2.4% and program service revenue 98% of the total. At year end it held assets of $195k against liabilities of $0, net assets of $195k.