Main Street Alexander City Inc

Analysis

Main Street Alexander City Inc is a registered charity in United States, based in Alex City, AL. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Alexander City Inc reported income of $142k and spending of $136k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $142k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 122% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Main Street Alexander City Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within AL. Charities of a similar size with the same main cause include International Mentoring Foundation for the Advancement of Higher Ed ($142k), Tri-Cities Hockey Booster Club Player Education Fund ($142k) and Construction Association of South Florida Inc ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $83k against liabilities of $880, net assets of $82k.