Osceola Main Street Inc

Analysis

Osceola Main Street Inc is a registered charity in United States, based in Osceola, AR. It received its IRS tax-exemption ruling in February 1987, 39 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, Osceola Main Street Inc reported income of $145k and spending of $86k, leaving 41% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $74k to $145k (+97%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 40%. 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, Osceola Main Street Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within AR. Charities of a similar size with the same main cause include National Association of Black Compliance and Risk Management Pro ($145k), Lynn Hope Industries Inc ($145k) and Foundation for Engineering Education Inc ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 17% of the total. Other salaries and wages came to $41k. At year end it held assets of $153k against liabilities of $0, net assets of $153k. It reported 2 employees.