Ripley Main Street

Analysis

Ripley Main Street is a registered charity in United States, based in Ripley, WV. It received its IRS tax-exemption ruling in October 1999, 27 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, Ripley Main Street reported income of $74k and spending of $80k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $61k to $74k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 110% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ripley Main Street sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within WV. Charities of a similar size with the same main cause include Homeplace on Green River Inc ($74k), Shiloh Community Center Inc ($74k) and Kiwanis Club of Shasta Dam Foundation ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 31% of the total. At year end it held assets of $196k against liabilities of $1,776, net assets of $194k.