Main Street Park Alliance

Analysis

Main Street Park Alliance is a registered charity in United States, based in Chelsea, MI. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Main Street Park Alliance reported income of $942k and spending of $65k, leaving 93% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.2m to $942k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 6.6% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Main Street Park Alliance sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MI. Charities of a similar size with the same main cause include Bridge II Sports ($942k), Cedar River Recreation & Fine Arts ($942k) and Washington County Agricultural & Mechanical Association ($941k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $2.2m against liabilities of $74k, net assets of $2.1m.