Gonzales Main Street Inc

Analysis

Gonzales Main Street Inc is a registered charity in United States, based in Gonzales, TX. It received its IRS tax-exemption ruling in October 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gonzales Main Street Inc reported income of $74k and spending of $59k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $74k (+1.6%), an average of +1.6% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gonzales Main Street Inc sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Regency House of Marble Hill Inc 1330 State Hwy 74 ($74k), Delaware Community Volunteer Fire Department Inc ($74k) and Wyss Missions ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.