Main Street School Inc

Analysis

Main Street School Inc is a registered charity in United States, based in Tazewell, VA. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Main Street School Inc reported income of $186k and spending of $231k, spending 124% of what it took in. Across the 6 years on record, from December 2019 to June 2024, income fell from $296k to $186k (-37%), an average of -8.9% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Main Street School Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within VA. Charities of a similar size with the same main cause include Fremont Parents Nursery School Inc ($186k), Alexander Hamilton Institute for the Studyof Western Civilizati ($186k) and Morrison & Mary Wiley Library Corporation ($186k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 67% of the total. At year end it held assets of $72k against liabilities of $30k, net assets of $42k.