Mile High Freedom Band

Analysis

Mile High Freedom Band is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 1994, 32 years ago. 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 June 2024, Mile High Freedom Band reported income of $137k and spending of $164k, spending 120% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $116k to $137k (+19%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mile High Freedom Band sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within CO. Charities of a similar size with the same main cause include Wulfekammer-Staake-Bode Charitable Trust ($137k), Charms Prsonal Care Home Inc ($137k) and Danville High School Choral Music Boosters Inc ($137k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 49% and program service revenue 25% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.