Main Street Joplin

Analysis

Main Street Joplin is a registered charity in United States, based in Joplin, MO. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Main Street Joplin reported income of $296k and spending of $336k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $159k to $296k (+86%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 86% 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 Joplin sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within MO. Charities of a similar size with the same main cause include Bellville Turnverein Pavilion Restoration Project ($296k), Pennsylvania State Association of County Fairs ($296k) and Hillsboro Economic Development Corporation ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 41% of the total. Other salaries and wages came to $156k. At year end it held assets of $2.2m against liabilities of $286k, net assets of $1.9m. It reported 5 employees.