Mifflinburg Area Community Scholarship Trust Inc

Analysis

Mifflinburg Area Community Scholarship Trust Inc is a registered charity in United States, based in Mifflinburg, PA. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Mifflinburg Area Community Scholarship Trust Inc reported income of $165k and spending of $81k, leaving 51% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $218k to $165k (-24%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 40% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mifflinburg Area Community Scholarship Trust Inc 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 49th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include Glorious Foundation Inc ($165k), Milford Lions Club Service Foundation Inc ($165k) and Tomahawk Community Thrift Shop ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $626k against liabilities of $0, net assets of $626k.