Ennis Main Street

Analysis

Ennis Main Street is a registered charity in United States, based in Ennis, TX. It received its IRS tax-exemption ruling in January 2017, 9 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 October 2023, Ennis Main Street reported income of $792k and spending of $653k, spending 82% of its income. Across the 4 years on record, from October 2020 to October 2023, income grew from $216k to $792k (+266%), an average of +54% a year. The sharpest change came in the year to October 2021, when income rose by 112%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ennis Main Street sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Teamsters Local 237 Training and Educational Fund ($792k), Building Blocks of Kalamazoo ($792k) and Junior League of Los Angeles Inc ($791k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $19k. It paid $95k in professional fundraising fees. At year end it held assets of $164k against liabilities of $0, net assets of $164k. It reported 1 employees.