Mile High Kids and Community Development Inc

Analysis

Mile High Kids and Community Development Inc is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in April 2012, 14 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 November 2023, Mile High Kids and Community Development Inc reported income of $5.7m and spending of $5.7m, spending 100% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $3.1m to $5.7m (+86%), an average of +17% a year. The sharpest change came in the year to November 2023, when income rose by 52%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mile High Kids and Community Development Inc 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 93rd percentile, and in the 93rd percentile within VA. Charities of a similar size with the same main cause include Freewill Impact Fund ($5.7m), Richmond Community Foundation ($5.7m) and Buckingham Foundation Inc ($5.7m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $1.3m against liabilities of $974k, net assets of $369k.