Midnite Group Inc

Analysis

Midnite Group Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, Midnite Group Inc reported income of $82k and spending of $85k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $82k (-11%), an average of -11% a year. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Midnite Group Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Free Again Consulting ($82k), Hope for Hooves Rescue ($82k) and Foundation for Radiologist Education and Science at Harbor ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.