Sheboygan Falls Main Street Foundation Inc

Analysis

Sheboygan Falls Main Street Foundation Inc is a registered charity in United States, based in Sheboygan FLS, WI. It received its IRS tax-exemption ruling in December 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, Sheboygan Falls Main Street Foundation Inc reported income of $61k and spending of $59k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $9,928 to $61k (+512%), an average of +512% a year. The sharpest change came in the year to December 2023, when income rose by 512%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sheboygan Falls Main Street Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within WI. Charities of a similar size with the same main cause include Ebenezer Kingdom Builders Inc ($61k), Credit Abuse Resistance Education ($61k) and Allapattah Business Development Authority Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 14% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.