Main Street Rock Hall

Analysis

Main Street Rock Hall is a registered charity in United States, based in Rock Hall, MD. It received its IRS tax-exemption ruling in March 2019, 7 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, Main Street Rock Hall reported income of $95k and spending of $92k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $88k to $95k (+8.1%), an average of +8.1% a year. 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, Main Street Rock Hall sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within MD. Charities of a similar size with the same main cause include Neighborhood Housing Services of Kansas City Inc ($95k), Over the Rainbow Ministries ($95k) and Golden Visitors Center ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.