Clinton Main Street Inc

Analysis

Clinton Main Street Inc is a registered charity in United States, based in Clinton, MO. It received its IRS tax-exemption ruling in June 1994, 32 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, Clinton Main Street Inc reported income of $91k and spending of $123k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $90k to $91k (+0.9%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 126% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Clinton Main Street Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within MO. Charities of a similar size with the same main cause include Southeast Fresno Community Economic Development Assn ($90k), Clark Coalition Foundation ($91k) and Sheet Metal Jatc Ma 1277 Apprenticeship Training Trust ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 26% of the total. Other salaries and wages came to $36k. At year end it held assets of $286k against liabilities of $1,976, net assets of $284k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.