Milestown Community Improvement Inc

Analysis

Milestown Community Improvement Inc is a registered charity in United States, based in Miles City, MT. It received its IRS tax-exemption ruling in November 2013, 13 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, Milestown Community Improvement Inc reported income of $170k and spending of $26k, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $284k to $170k (-40%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 119% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Milestown Community Improvement Inc 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 50th percentile, and in the 48th percentile within MT. Charities of a similar size with the same main cause include Dont Waste Durham Inc ($170k), Capital Innovation Lab Inc ($170k) and Pass Christian Main Street Foundation ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $730k against liabilities of $0, net assets of $730k.