everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

551 Main Street Holding Corporation

Worcester, MA / EIN 47-1905472 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20157,650,938244,6957,406,243329.30%
2016269,787419,752−149,965230.30%
2017153,015463,176−310,161237.40%
2018277,097613,817−336,720184.50%
2019185,793482,450−296,657262.90%
202094,985492,677−397,692267.50%
2021126,775505,520−378,745251.70%
2022132,368502,549−370,181286.90%
20230502,723−502,723274.80%

In its most recent public year (2023), this organization spent $502,723 more than it brought in. Its reserves stood at about 274.8 months of spending, down from 329.3 in 2015. Staff pay was 0% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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