Main Street Duncan Inc

Analysis

Main Street Duncan Inc is a registered charity in United States, based in Duncan, OK. It received its IRS tax-exemption ruling in June 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 June 2024, Main Street Duncan Inc reported income of $110k and spending of $86k, leaving 22% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $115k to $110k (-3.7%), an average of -3.7% a year. Over the whole period it spent 76% 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 Duncan Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within OK. Charities of a similar size with the same main cause include Crisp County Community Council Inc ($110k), Berks Business Education Coalition ($110k) and White Plains Road District Management Association Inc ($110k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 26% of the total. At year end it held assets of $96k against liabilities of $931, net assets of $95k.