Osceola Chamber Main Street

Analysis

Osceola Chamber Main Street is a registered charity in United States, based in Osceola, IA. It received its IRS tax-exemption ruling in February 1999, 27 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, Osceola Chamber Main Street reported income of $272k and spending of $272k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $91k to $272k (+199%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 342%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Osceola Chamber Main Street sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 61st percentile within IA. Charities of a similar size with the same main cause include Wolfeboro Cross Country Ski Association ($272k), Hispanic Resources Inc ($272k) and Corning Community School Education Foundation ($272k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $108k against liabilities of $7,850, net assets of $100k.