Mighty Mites Incorporated

Analysis

Mighty Mites Incorporated is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in October 1969, 57 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 April 2024, Mighty Mites Incorporated reported income of $52k and spending of $107k, spending 203% of what it took in. Across the 6 years on record, from April 2019 to April 2024, income fell from $78k to $52k (-33%), an average of -7.6% a year. The sharpest change came in the year to April 2022, when income rose by 276%. Over the whole period it spent 156% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mighty Mites Incorporated sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within MO. Charities of a similar size with the same main cause include Oro Valley Lacrosse Club Inc ($52k), Blue Springs Athletic Association ($52k) and Bainbridge Island Girls Lacrosse Association ($52k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 31% and program service revenue 64% of the total. At year end it held assets of $344k against liabilities of $0, net assets of $344k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.