St Cloud Main Street Inc

Analysis

St Cloud Main Street Inc is a registered charity in United States, based in Saint Cloud, FL. It received its IRS tax-exemption ruling in January 2000, 26 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 September 2023, St Cloud Main Street Inc reported income of $290k and spending of $315k, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $194k to $290k (+49%), an average of +10% a year. The sharpest change came in the year to September 2023, when income rose by 40%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, St Cloud Main Street Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Laramie Main Street Alliance ($290k), Haitian American Nurses Association of Florida Inc ($290k) and One New Humanity ($290k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 75% and program service revenue 22% of the total. Other salaries and wages came to $103k. At year end it held assets of $175k against liabilities of $44k, net assets of $131k. It reported 2 employees.