Main Street Greenwood Incorporated

Analysis

Main Street Greenwood Incorporated is a registered charity in United States, based in Greenwood, MS. It received its IRS tax-exemption ruling in December 1995, 31 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, Main Street Greenwood Incorporated reported income of $253k and spending of $155k, leaving 39% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $127k to $253k (+99%), an average of +19% a year. The sharpest change came in the year to September 2023, when income rose by 98%. Over the whole period it spent 83% 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 Greenwood Incorporated sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within MS. Charities of a similar size with the same main cause include Ijara Community Development Corporation ($253k), Project Success of Eastern Bureau County Inc ($253k) and Peer Voices United ($253k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $43k (28% of expenses). At year end it held assets of $141k against liabilities of $1,134, net assets of $140k. It reported 1 employees.