Two Rivers Main Street Inc

Analysis

Two Rivers Main Street Inc is a registered charity in United States, based in Two Rivers, WI. It received its IRS tax-exemption ruling in December 1997, 29 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, Two Rivers Main Street Inc reported income of $113k and spending of $106k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $112k to $113k (+0.5%), an average of +0.1% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Two Rivers Main Street Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within WI. Charities of a similar size with the same main cause include XI Educational Foundation of Arkansas ($113k), Asian American Resource Foundation Inc ($113k) and Blair County Chamber Foundation Inc ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.9% and program service revenue 62% of the total. At year end it held assets of $8,310 against liabilities of $677, net assets of $7,633.