Ripley Main Street Association Inc

Analysis

Ripley Main Street Association Inc is a registered charity in United States, based in Ripley, MS. It received its IRS tax-exemption ruling in August 2026. 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, Ripley Main Street Association Inc reported income of $450k and spending of $117k, leaving 74% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $152k to $450k (+196%), an average of +196% a year. The sharpest change came in the year to December 2023, when income rose by 196%. Over the whole period it spent 42% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ripley Main Street Association Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within MS. Charities of a similar size with the same main cause include Collider Foundation ($450k), Border Community Alliance Inc ($450k) and Womans Exchange of Memphis Inc ($450k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.8% of the total. Other salaries and wages came to $41k. At year end it held assets of $405k against liabilities of $11k, net assets of $394k. It reported 1 employees.