Osgood Beautification & Main St Development Foundation Inc

Analysis

Osgood Beautification & Main St Development Foundation Inc is a registered charity in United States, based in Osgood, IN. It received its IRS tax-exemption ruling in July 2014, 12 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 (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, Osgood Beautification & Main St Development Foundation Inc reported income of $210k and spending of $141k, leaving 33% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $449k to $210k (-53%), an average of -32% a year. The sharpest change came in the year to December 2022, when income dropped by 66%. Over the whole period it spent 69% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Osgood Beautification & Main St Development Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within IN. Charities of a similar size with the same main cause include North Shore Evp ($210k), Downtown Goldsboro Development Corp ($210k) and Save a Suit Inc ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 16% of the total. At year end it held assets of $280k against liabilities of $2,632, net assets of $278k.