Mile High 360

Analysis

Mile High 360 is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 2008, 18 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 (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, Mile High 360 reported income of $1.4m and spending of $1.3m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $513k to $1.4m (+171%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mile High 360 sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include Montour Trail Council ($1.4m), Beat the Streets Wrestling Program Philadelphia ($1.4m) and Wesley House Community Services Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $77k (5.8% of expenses). Other salaries and wages came to $572k. It paid $20k in professional fundraising fees. At year end it held assets of $924k against liabilities of $58k, net assets of $866k. It reported 12 employees.