Puyallup Main Street Association

Analysis

Puyallup Main Street Association is a registered charity in United States, based in Puyallup, WA. It received its IRS tax-exemption ruling in November 1994, 32 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, Puyallup Main Street Association reported income of $526k and spending of $438k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $342k to $526k (+54%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 194%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Puyallup Main Street Association sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within WA. Charities of a similar size with the same main cause include Grove Hall Neighborhood Development Corporation ($526k), Minnesota Black Chamber of Commerce Incorporated ($526k) and Wabash Economic Growth Alliance Inc ($525k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 0.1% of the total. Other salaries and wages came to $177k. At year end it held assets of $523k against liabilities of $8,427, net assets of $515k. It reported 12 employees.