Mikey Strong

Analysis

Mikey Strong is a registered charity in United States, based in Indialantic, FL. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mikey Strong reported income of $68k and spending of $73k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $68k (+6.5%), an average of +6.5% a year. Over the whole period it spent 116% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mikey Strong sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 30th percentile within FL. Charities of a similar size with the same main cause include Foundation for Health Advancement Inc ($68k), Monadnock Regional Foundation for Family Services Inc ($68k) and Kent Firefighters Foundation KFF Toys for Joy ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.