Miles & Stockbridge Foundation Inc

Analysis

Miles & Stockbridge Foundation Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in February 1996, 30 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, Miles & Stockbridge Foundation Inc reported income of $75k and spending of $108k, spending 145% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $75k (+2.3%), an average of +2.3% a year. Over the whole period it spent 132% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Miles & Stockbridge Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within MD. Charities of a similar size with the same main cause include The Bobby Resciniti Healing Hearts Foundation Inc ($75k), Eusebeia ($75k) and Languages Without Borders Inc ($75k).

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 $108k against liabilities of $0, net assets of $108k.