Mills River Life Enrichment Center

Analysis

Mills River Life Enrichment Center is a registered charity in United States, based in Mills River, NC. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mills River Life Enrichment Center reported income of $79k and spending of $94k, spending 120% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $58k to $79k (+36%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mills River Life Enrichment Center sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within NC. Charities of a similar size with the same main cause include Yellowstone Family ($78k), Beehive International Inc ($79k) and Lend an Ear Outreach Inc ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 38% of the total. Other salaries and wages came to $49k. At year end it held assets of $71k against liabilities of $0, net assets of $71k. It reported 1 employees.