Main Street Wauchula Inc

Analysis

Main Street Wauchula Inc is a registered charity in United States, based in Wauchula, FL. It received its IRS tax-exemption ruling in September 1997, 29 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 September 2023, Main Street Wauchula Inc reported income of $79k and spending of $61k, leaving 22% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $58k to $79k (+37%), an average of +8.1% a year. The sharpest change came in the year to September 2021, when income rose by 17%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Main Street Wauchula Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 34th percentile within FL. Charities of a similar size with the same main cause include Gerald R Ford Elementary School Ptoinc ($79k), Tomball Scholarship Foundation TSF ($79k) and St Alphonsus Parish Education Endowment Fund ($79k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $16k. At year end it held assets of $140k against liabilities of $79k, net assets of $61k. It reported 2 employees.