Terry Mikeska Foundation

Analysis

Terry Mikeska Foundation is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Terry Mikeska Foundation reported income of $66k and spending of $68k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $66k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Terry Mikeska Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Collective Impact Group Inc ($66k), Reaching Out Now Inc ($66k) and Simchas Yospa Inc II ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,786 against liabilities of $7,418, net assets of -$2,632.