Main Street Batesville Inc

Analysis

Main Street Batesville Inc is a registered charity in United States, based in Batesville, AR. It received its IRS tax-exemption ruling in January 2001, 25 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 December 2023, Main Street Batesville Inc reported income of $60k and spending of $121k, spending 201% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $461k to $60k (-87%), an average of -49% a year. The sharpest change came in the year to December 2023, when income dropped by 63%. Over the whole period it spent 62% 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 Batesville Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within AR. Charities of a similar size with the same main cause include Tree of Life Incorporated ($60k), Jewish Neighborhood Development Council of Chicago ($60k) and Open Door Project ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $397k against liabilities of $2,117, net assets of $395k.