Misty Meadows Mitey Riders Inc

Analysis

Misty Meadows Mitey Riders Inc is a registered charity in United States, based in Waxhaw, NC. It received its IRS tax-exemption ruling in January 1998, 28 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, Misty Meadows Mitey Riders Inc reported income of $665k and spending of $665k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $606k to $665k (+9.7%), an average of +2.3% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Misty Meadows Mitey Riders Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include The Singletons ($665k), Building Intimate Marriages Inc ($665k) and Living Hope Food Pantry Incorporated ($665k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. Compensation of current officers, directors and key employees was $16k (2.5% of expenses). Other salaries and wages came to $217k. At year end it held assets of $2.2m against liabilities of $6,790, net assets of $2.1m. It reported 19 employees.