Cassopolis Main Street

Analysis

Cassopolis Main Street is a registered charity in United States, based in Cassopolis, MI. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cassopolis Main Street reported income of $106k and spending of $83k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $97k to $106k (+8.3%), an average of +4.1% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cassopolis Main Street sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within MI. Charities of a similar size with the same main cause include D C Pearls III Foundation ($106k), Original Little Italy Community Organization Inc ($106k) and Rotaract Club of Birmingham Foundation ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.