M Y F L Inc

Analysis

M Y F L Inc is a registered charity in United States, based in Midlothian, TX. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 October 2022, M Y F L Inc reported income of $175k and spending of $169k, spending 97% of its income. Across the 2 years on record, from October 2021 to October 2022, income grew from $152k to $175k (+15%), an average of +15% a year. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, M Y F L Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Walker Ranch Ministries ($174k), Volo Natural Learning Community Inc ($175k) and Lake Bluff Youth Baseball Association ($174k).

On its Form 990-EZ for the period ending October 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.