Mills Fifty Mainstreet Co

Analysis

Mills Fifty Mainstreet Co is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 September 2023, Mills Fifty Mainstreet Co reported income of $142k and spending of $127k, spending 89% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $103k to $142k (+37%), an average of +37% a year. The sharpest change came in the year to September 2023, when income rose by 37%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mills Fifty Mainstreet Co sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Junior League of Tucson Inc ($142k), Redeem United Inc ($142k) and Lemonaid Fund ($142k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.