Project Milk Mission

Analysis

Project Milk Mission is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Project Milk Mission reported income of $275k and spending of $298k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $275k (+134%), an average of +134% a year. The sharpest change came in the year to December 2023, when income rose by 134%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Milk Mission sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Institute for the Study of Human Awareness ($275k), Homemade Hope for Homeless Children ($275k) and Apache County Fair & Racing Association ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.6% of the total. Compensation of current officers, directors and key employees was $92k (31% of expenses). Other salaries and wages came to $144k. At year end it held assets of $49k against liabilities of $0, net assets of $49k. It reported 6 employees.