Miles Clark Memorial Trust R E Aiken Jr

Analysis

Miles Clark Memorial Trust R E Aiken Jr is a registered charity in United States, based in Elizabeth Cty, NC. It received its IRS tax-exemption ruling in March 1968, 58 years ago. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Miles Clark Memorial Trust R E Aiken Jr reported income of $66k and spending of $56k, spending 84% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $41k to $66k (+63%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Miles Clark Memorial Trust R E Aiken Jr 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 26th percentile, and in the 24th percentile within NC. Charities of a similar size with the same main cause include Rockland Boces Family Resource Center Foundation Inc ($66k), Straight Street Ministries Inc ($66k) and PTA Kentucky Congress ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% of the total. At year end it held assets of $670k against liabilities of $0, net assets of $670k.