Milk Carton on a String Inc

Analysis

Milk Carton on a String Inc is a registered charity in United States, based in Darien, GA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Milk Carton on a String Inc reported income of $297k and spending of $297k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $173k to $297k (+72%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Milk Carton on a String Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within GA. Charities of a similar size with the same main cause include Catskill Wheelhouse ($297k), Gravenstein Schools Magnet Program Foundation ($297k) and Clinton Public School Foundation ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $876 against liabilities of $0, net assets of $876.