300 Main Incorporated

Analysis

300 Main Incorporated is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in May 1984, 42 years ago. 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 January 2024, 300 Main Incorporated reported income of $216k and spending of $178k, spending 82% of its income. Across the 5 years on record, from January 2020 to January 2024, income fell from $222k to $216k (-2.7%), an average of -0.7% a year. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 300 Main Incorporated sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Mad River Valley Community Fund ($216k), Colorado Advanced Life Support ($216k) and Callao Rescue Squad Inc ($216k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 60% and program service revenue 39% of the total. At year end it held assets of $246k against liabilities of $179k, net assets of $67k.