Mitney Project

Analysis

Mitney Project is a registered charity in United States, based in Georgetown, SC. It received its IRS tax-exemption ruling in November 2008, 18 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 June 2023, Mitney Project reported income of $90k and spending of $63k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $86k to $90k (+4.0%), an average of +1.0% a year. The sharpest change came in the year to June 2022, when income rose by 62%. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mitney Project sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 40th percentile within SC. Charities of a similar size with the same main cause include Capital District Crossfire Fastpitch Softball Inc ($90k), John Lynch Foundation ($90k) and Champaign Wrestling Club ($90k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $513k against liabilities of $275k, net assets of $239k.