Main Street Resources - Eastland Inc

Analysis

Main Street Resources - Eastland Inc is a registered charity in United States, based in Eastland, TX. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Resources - Eastland Inc reported income of $68k and spending of $79k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $68k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 124% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Main Street Resources - Eastland Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Helping Hands Pantry NFP ($68k), Sister 2 Sistah ($68k) and McKenzie United Neighbors Fund ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $330k against liabilities of $1,316, net assets of $329k.