Main Street of Menomonie Inc

Analysis

Main Street of Menomonie Inc is a registered charity in United States, based in Menomonie, WI. It received its IRS tax-exemption ruling in February 1992, 34 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, Main Street of Menomonie Inc reported income of $107k and spending of $102k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $107k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Main Street of Menomonie Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within WI. Charities of a similar size with the same main cause include Kennedy King Memorial Initiative ($107k), Carnegie Community Development Corporation ($107k) and Hampton Bays Beautification Association Inc ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 26% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.