Rochester Main Street

Analysis

Rochester Main Street is a registered charity in United States, based in Rochester, NH. It received its IRS tax-exemption ruling in August 2004, 22 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, Rochester Main Street reported income of $77k and spending of $45k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $77k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 65% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rochester Main Street sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within NH. Charities of a similar size with the same main cause include Desert Cancer Foundation of Arizona Inc ($77k), Society of Quantitative Analysts Inc ($77k) and Toledo Area Chamber Foundation ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.