Crystal River Main Street Inc

Analysis

Crystal River Main Street Inc is a registered charity in United States, based in Crystal River, FL. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Crystal River Main Street Inc reported income of $69k and spending of $51k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $52k to $69k (+33%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 103%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Crystal River Main Street Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Friends of the Orpheum Theatre ($69k), Yorktown Foundation ($69k) and Chamber Music Society of Bethlehem ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.