South of Downtown Orlando Main Street

Analysis

South of Downtown Orlando Main Street is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in October 2010, 16 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 September 2023, South of Downtown Orlando Main Street reported income of $109k and spending of $83k, leaving 24% of income unspent that year. Across the 3 years on record, from December 2021 to September 2023, income fell from $120k to $109k (-9.8%), an average of -5.0% a year. The sharpest change came in the year to September 2023, when income rose by 95%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, South of Downtown Orlando Main Street 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 43rd percentile within FL. Charities of a similar size with the same main cause include New Faith Outreach Economic Development Inc ($109k), Point B Design and Training ($109k) and Medical Society of Eastern Pennsylvania Inc ($109k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $86k against liabilities of $29, net assets of $86k.