Main Street Community Center Inc

Analysis

Main Street Community Center Inc is a registered charity in United States, based in Edwardsville, IL. It received its IRS tax-exemption ruling in June 1975, 51 years ago. 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 April 2024, Main Street Community Center Inc reported income of $381k and spending of $407k, spending 107% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income fell from $457k to $381k (-17%), an average of -4.4% a year. The sharpest change came in the year to April 2022, when income rose by 36%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Main Street Community Center Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Hayk for Our Heroes ($381k), Union City Community Foundation ($381k) and PTA Texas Congress ($381k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 55% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $198k (49% of expenses). At year end it held assets of $464k against liabilities of $63k, net assets of $400k. It reported 9 employees.