Main Street Community Initiatives

Analysis

Main Street Community Initiatives is a registered charity in United States, based in Bellaire, TX. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Main Street Community Initiatives reported income of $131.3m and spending of $131.3m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $138.4m to $131.3m (-5.1%), an average of -1.3% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Main Street Community Initiatives sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Union County Hospital Authority ($131.2m), St Marys Hospital ($131.4m) and Health Services Management Inc ($131.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $13.3m. At year end it held assets of $38.6m against liabilities of $12.1m, net assets of $26.5m. It reported 215 employees.