Milnor Area Community Center Inc

Analysis

Milnor Area Community Center Inc is a registered charity in United States, based in Milnor, ND. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Milnor Area Community Center Inc reported income of $69k and spending of $68k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $69k (+9.8%), an average of +9.8% a year. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Milnor Area Community Center Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 19th percentile within ND. Charities of a similar size with the same main cause include Junior Service League of Independence Mo Administrative Fun ($69k), Downtown New Jersey Inc ($69k) and Centennial Farm Foundation ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% of the total. At year end it held assets of $342k against liabilities of $0, net assets of $342k.