Pass Christian Main Street Foundation

Analysis

Pass Christian Main Street Foundation is a registered charity in United States, based in Pass Christian, MS. It received its IRS tax-exemption ruling in February 2013, 13 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, Pass Christian Main Street Foundation reported income of $170k and spending of $145k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $170k (+37%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pass Christian Main Street Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within MS. Charities of a similar size with the same main cause include Delaware Community Development Corporation ($170k), Dont Waste Durham Inc ($170k) and Redford Brightmoor Initiative ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 33% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.