Millwood Impact

Analysis

Millwood Impact is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in August 2019, 7 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 December 2023, Millwood Impact reported income of $205k and spending of $212k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $145k to $205k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Millwood Impact sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within WA. Charities of a similar size with the same main cause include Unidos Y Adelante ($205k), American Friends of Statens Museum for Kunst Ltd ($205k) and Fighting Against Injustice Towards Harmony ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $38k (18% of expenses). Other salaries and wages came to $95k. At year end it held assets of $53k against liabilities of $3,290, net assets of $50k. It reported 5 employees.