Mainstreet Uptown Butte Inc

Analysis

Mainstreet Uptown Butte Inc is a registered charity in United States, based in Butte, MT. It received its IRS tax-exemption ruling in December 2000, 26 years ago. 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, Mainstreet Uptown Butte Inc reported income of $981k and spending of $1.0m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $967k to $981k (+1.5%), an average of +0.4% a year. The sharpest change came in the year to September 2021, when income rose by 178%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mainstreet Uptown Butte Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within MT. Charities of a similar size with the same main cause include Big Brothers Big Sisters of Southern Nevada ($981k), Midland Soccer Club ($981k) and Brain Injury Association of Va Inc ($981k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 81% and program service revenue 7.4% of the total. Compensation of current officers, directors and key employees was $76k (7.4% of expenses). Other salaries and wages came to $2,385. At year end it held assets of $292k against liabilities of $39k, net assets of $253k. It reported 1 employees.