Mighty Earth Inc
Analysis
Mighty Earth Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Mighty Earth Inc reported income of $7.0m and spending of $6.6m, spending 94% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $265k to $7.0m (+2554%), an average of +198% a year. The sharpest change came in the year to December 2021, when income rose by 705%. Over the whole period it spent 90% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Mighty Earth Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 83rd percentile within DC. Charities of a similar size with the same main cause include Keep America Beautiful Inc ($7.0m), Wildlife Heritage Foundation ($7.0m) and Frederik Meijer Gardens and Sculpture Foundation ($7.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $432k (6.5% of expenses). Other salaries and wages came to $1.8m. It paid $104k in professional fundraising fees. At year end it held assets of $1.8m against liabilities of $322k, net assets of $1.5m. It reported 16 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Keep America Beautiful Inc | Stamford | $7.0m |
| Wildlife Heritage Foundation | Lincoln | $7.0m |
| Frederik Meijer Gardens and Sculpture Foundation | Grand Rapids | $7.0m |
| National Network of Abortion Funds Access Reproductive Care-Southeast | Atlanta | $7.0m |