Mahi International Inc

Analysis

Mahi International Inc is a registered charity in United States, based in RCH Cucamonga, CA. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Mahi International Inc reported income of $848k and spending of $744k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $236k to $848k (+260%), an average of +260% a year. The sharpest change came in the year to December 2023, when income rose by 260%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mahi International Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Parents Leading for Educational Equity ($848k), Del Mar Village Association Inc ($848k) and Jastech Development Services Inc ($847k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $14k (1.8% of expenses). Other salaries and wages came to $127k. It paid $1,188 in professional fundraising fees. At year end it held assets of $171k against liabilities of $26k, net assets of $145k. It reported 11 employees.