Miles Community College Foundation

Analysis

Miles Community College Foundation is a registered charity in United States, based in Miles City, MT. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Miles Community College Foundation reported income of $712k and spending of $434k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to June 2023, income grew from $120k to $712k (+493%), an average of +56% a year. The sharpest change came in the year to June 2021, when income rose by 575%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Miles Community College Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within MT. Charities of a similar size with the same main cause include Friends of the Scarsdale Library Inc ($712k), Noted ($712k) and Cda Collaborative Learning Projects Inc ($712k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $1.8m against liabilities of $540k, net assets of $1.2m.