The Main Street Gentry Association

Analysis

The Main Street Gentry Association is a registered charity in United States, based in Gentry, AR. It received its IRS tax-exemption ruling in November 1996, 30 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, The Main Street Gentry Association reported income of $124k and spending of $153k, spending 123% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $463k to $124k (-73%), an average of -48% a year. The sharpest change came in the year to December 2022, when income dropped by 75%. Over the whole period it spent 71% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Main Street Gentry Association sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within AR. Charities of a similar size with the same main cause include Summit Impact a Nonprofit Corporation ($124k), The Apple Valley Community Resource Foundation ($124k) and Exceeds Expectations Inc ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $328k against liabilities of $1,046, net assets of $327k.