Mingus Mountain Estate Residential Center Inc

Analysis

Mingus Mountain Estate Residential Center Inc is a registered charity in United States, based in Prescott Vly, AZ. It received its IRS tax-exemption ruling in September 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Mingus Mountain Estate Residential Center Inc reported income of $23.6m and spending of $23.4m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $20.4m to $23.6m (+16%), an average of +3.0% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mingus Mountain Estate Residential Center Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within AZ. Charities of a similar size with the same main cause include Big Oak Ranch Inc ($23.6m), Sacramento Childrens Home ($23.7m) and Truenorth Community Services ($23.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.2% and program service revenue 101% of the total. At year end it held assets of $8.0m against liabilities of $5.4m, net assets of $2.6m.