Perry Main Street Association Inc

Analysis

Perry Main Street Association Inc is a registered charity in United States, based in Perry, NY. It received its IRS tax-exemption ruling in November 2014, 12 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, Perry Main Street Association Inc reported income of $64k and spending of $82k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $28k to $64k (+129%), an average of +129% a year. The sharpest change came in the year to December 2023, when income rose by 129%. Over the whole period it spent 109% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Perry Main Street Association Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Naturalbuildingorg ($64k), Greater Johnstown Cambria Countychamber Foundation ($64k) and Downtown Southport Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 89% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.