Kailee Mills Foundation

Analysis

Kailee Mills Foundation is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Kailee Mills Foundation reported income of $1.6m and spending of $1.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $146k to $1.6m (+1010%), an average of +82% a year. The sharpest change came in the year to December 2020, when income rose by 248%. Over the whole period it spent 83% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Kailee Mills Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include St Stephens Fire Dept ($1.6m), Warrenton Volunteer Fire Company Inc ($1.6m) and Barnardsville Volunteer Fire Dept ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $95k (5.9% of expenses). Other salaries and wages came to $148k. At year end it held assets of $803k against liabilities of $1,956, net assets of $801k. It reported 5 employees.