Mt Ida Gardens Inc

Analysis

Mt Ida Gardens Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mt Ida Gardens Inc reported income of $90k and spending of $121k, spending 135% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $92k to $90k (-2.3%), an average of -2.3% a year. Over the whole period it spent 148% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mt Ida Gardens Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within AR. Charities of a similar size with the same main cause include Dress for Success Central Virginia ($90k), Live Like Cory Memorial Foundation Inc ($90k) and Chase Memorial Community Center Inc ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $257k against liabilities of $56k, net assets of $201k.