Main St Assoc

Analysis

Main St Assoc is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in June 1992, 34 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 December 2023, Main St Assoc reported income of $77k and spending of $76k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $77k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Main St Assoc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within MI. Charities of a similar size with the same main cause include American Society of Civil Engineers ($77k), Auburn Fire Company ($77k) and Monrovia Guild of Childrens Hospital ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $1,224 against liabilities of $0, net assets of $1,224.