Lebanon Missouri Main Street Inc

Analysis

Lebanon Missouri Main Street Inc is a registered charity in United States, based in Lebanon, MO. It received its IRS tax-exemption ruling in May 2022, 4 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, Lebanon Missouri Main Street Inc reported income of $73k and spending of $37k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $73k (+12%), an average of +12% a year. Over the whole period it spent 34% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lebanon Missouri Main Street Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within MO. Charities of a similar size with the same main cause include Villa Rica Mainstreet Inc ($73k), GFWC Kentucky Inc ($73k) and Meeting Professionals International ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.