Main Street Collierville

Analysis

Main Street Collierville is a registered charity in United States, based in Collierville, TN. It received its IRS tax-exemption ruling in May 1993, 33 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, Main Street Collierville reported income of $131k and spending of $119k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $110k to $131k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Main Street Collierville sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within TN. Charities of a similar size with the same main cause include Village of Love and Resistance ($131k), Chesterfield County Coordinating Council ($131k) and Junior League of Greater Orlando Florida Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.4% and program service revenue 84% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.