Mission Milby Community Development Corporation

Analysis

Mission Milby Community Development Corporation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Mission Milby Community Development Corporation reported income of $139k and spending of $216k, spending 156% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $205k to $139k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mission Milby Community Development Corporation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Reading Clinic ($139k), Stairway to the Sky ($139k) and Bhaktivedanta Archives Inc ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $69k against liabilities of $57k, net assets of $12k.