Main Street Program of Anderson South Carolina Incorporated

Analysis

Main Street Program of Anderson South Carolina Incorporated is a registered charity in United States, based in Anderson, SC. It received its IRS tax-exemption ruling in February 1987, 39 years ago. 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 June 2023, Main Street Program of Anderson South Carolina Incorporated reported income of $87k and spending of $72k, spending 83% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $49k to $87k (+75%), an average of +75% a year. The sharpest change came in the year to June 2023, when income rose by 75%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Main Street Program of Anderson South Carolina Incorporated sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 39th percentile within SC. Charities of a similar size with the same main cause include Friends of the Library of Seminole County Florida Inc ($87k), PTA California Congress of Parents Teachers & Students ($87k) and Friends of the Redwood Libraries ($87k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. At year end it held assets of $192k against liabilities of $0, net assets of $192k.