Mint Hill Events Inc

Analysis

Mint Hill Events Inc is a registered charity in United States, based in Mint Hill, NC. It received its IRS tax-exemption ruling in October 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mint Hill Events Inc reported income of $134k and spending of $118k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $113k to $134k (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2022, when income rose by 157%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mint Hill Events Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NC. Charities of a similar size with the same main cause include Camba Economic Development Corporation ($133k), Tech2elevate Inc ($134k) and Russell Pride Inc ($133k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. At year end it held assets of $158k against liabilities of $31k, net assets of $127k.