3rd Mile Incorporated

Analysis

3rd Mile Incorporated is a registered charity in United States, based in Grayson, GA. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, 3rd Mile Incorporated reported income of $486k and spending of $484k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $500k to $486k (-2.8%), an average of -0.7% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 3rd Mile Incorporated sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within GA. Charities of a similar size with the same main cause include Islamic Social Services of Oregon State ($486k), Morris Professional Child Care Services Inc ($486k) and Santas Castle ($486k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $34k (7.0% of expenses). Other salaries and wages came to $82k. At year end it held assets of $1,530 against liabilities of $0, net assets of $1,530.