Main Street Gardnerville

Analysis

Main Street Gardnerville is a registered charity in United States, based in Gardnerville, NV. It received its IRS tax-exemption ruling in April 2016, 10 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, Main Street Gardnerville reported income of $190k and spending of $169k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $146k to $190k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 80% 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 Gardnerville sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within NV. Charities of a similar size with the same main cause include West End Family Link Center ($190k), Blades Economic Development Corporation ($191k) and St Bernard Community Improvement Corporation ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. Compensation of current officers, directors and key employees was $63k (37% of expenses). Other salaries and wages came to $6,226. At year end it held assets of $365k against liabilities of $2,412, net assets of $363k. It reported 1 employees.