Mitchell Area Charitable Foundation

Analysis

Mitchell Area Charitable Foundation is a registered charity in United States, based in Mitchell, SD. It received its IRS tax-exemption ruling in October 1987, 39 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 December 2023, Mitchell Area Charitable Foundation reported income of $207k and spending of $112k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $101k to $207k (+105%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mitchell Area Charitable Foundation sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within SD. Charities of a similar size with the same main cause include Carlos Vieira Foundation Inc ($207k), Miller Safety Center Inc ($207k) and Sparsh Palliative Care Services ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.0% of the total. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m.