Linn-San Manuel Community Improvement Corporation

Analysis

Linn-San Manuel Community Improvement Corporation is a registered charity in United States, based in Linn, TX. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Linn-San Manuel Community Improvement Corporation reported income of $178k and spending of $135k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $149k to $178k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 92%. 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, Linn-San Manuel Community Improvement Corporation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Pryor Main Street ($178k), Envision Greater Green Bay Inc ($178k) and Hudson Downtown Business Improvement District Inc ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.6% of the total. At year end it held assets of $718k against liabilities of $0, net assets of $718k.