Mile High Retac Foundation

Analysis

Mile High Retac Foundation is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in March 2019, 7 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, Mile High Retac Foundation reported income of $85k and spending of $97k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $85k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 96% 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, Mile High Retac Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 29th percentile within CO. Charities of a similar size with the same main cause include Wingo Volunteer Fire Department ($85k), Palo Duro Wildfire Academy Inc ($85k) and Deputy Volunteer Fire Company Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 2.1% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.