Miller-Tracy Childrens Foundation Inc

Analysis

Miller-Tracy Childrens Foundation Inc is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Miller-Tracy Childrens Foundation Inc reported income of $82k and spending of $45k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $82k (+63%), an average of +63% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Miller-Tracy Childrens Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 39th percentile within MA. Charities of a similar size with the same main cause include Agricultural Foundation for Tennessee Tech Inc ($82k), Green Wave Quarterback Club ($82k) and Music Teachers National Association Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $134k against liabilities of $0, net assets of $134k.