Mothers Aligned Saving Kids Inc

Analysis

Mothers Aligned Saving Kids Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Mothers Aligned Saving Kids Inc reported income of $613k and spending of $574k, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $513k to $613k (+20%), an average of +6.1% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mothers Aligned Saving Kids Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Franklin Mint Federal Credit Unionfoundation Inc ($613k), Literacy Dupage ($613k) and Arms Around Ba Inc ($613k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $132k (23% of expenses). Other salaries and wages came to $104k. At year end it held assets of $434k against liabilities of $270k, net assets of $164k. It reported 29 employees.