East Main Street Special Improvement District of Columbus

Analysis

East Main Street Special Improvement District of Columbus is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in April 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, East Main Street Special Improvement District of Columbus reported income of $63k and spending of $81k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $68k to $63k (-7.2%), an average of -7.2% a year. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, East Main Street Special Improvement District of Columbus sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within OH. Charities of a similar size with the same main cause include Small Business Institute Directors Assoc Inc ($63k), Florissant Old Town Partners Inc ($63k) and Hodgeman County Economic Development Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $40k against liabilities of $4,400, net assets of $36k.