Gold Beach Main Street

Analysis

Gold Beach Main Street is a registered charity in United States, based in Gold Beach, OR. It received its IRS tax-exemption ruling in April 2017, 9 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, Gold Beach Main Street reported income of $134k and spending of $129k, spending 96% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $204k to $134k (-34%), an average of -19% a year. The sharpest change came in the year to June 2023, when income dropped by 25%. Over the whole period it spent 72% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Gold Beach Main Street sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OR. Charities of a similar size with the same main cause include Dr Tracis House ($134k), Maryland State Council Knights of Columbus Charity Fund Inc ($135k) and Fulton Area Development Corp ($134k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $53k. At year end it held assets of $165k against liabilities of $0, net assets of $165k.