Van Ness Main Streets Inc

Analysis

Van Ness Main Streets Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 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, Van Ness Main Streets Inc reported income of $244k and spending of $247k, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $210k to $244k (+16%), an average of +3.8% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Van Ness Main Streets Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 32nd percentile within DC. Charities of a similar size with the same main cause include Smith County Child Development Center Inc ($244k), Come Over Ministry Inc ($244k) and Opiate-Free Island Partnership Inc ($244k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $78k (32% of expenses). At year end it held assets of $97k against liabilities of $10k, net assets of $87k.