Tenleytown Main Street

Analysis

Tenleytown Main Street is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Tenleytown Main Street reported income of $498k and spending of $537k, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $378k to $498k (+32%), an average of +7.2% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tenleytown Main Street sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 43rd percentile within DC. Charities of a similar size with the same main cause include Vietnamese American Civic Association ($498k), Goodwill Recsue Mission Inc ($498k) and Garden of Hope Inc ($498k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 9.0% of the total. Compensation of current officers, directors and key employees was $155k (29% of expenses). At year end it held assets of $113k against liabilities of $70k, net assets of $43k. It reported 3 employees.