Mushayamunda Christian Development Foundation

Analysis

Mushayamunda Christian Development Foundation is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover human services, 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, Mushayamunda Christian Development Foundation reported income of $283k and spending of $305k, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $259k to $283k (+9.2%), an average of +3.0% a year. The sharpest change came in the year to December 2022, when income rose by 94%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mushayamunda Christian Development Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NC. Charities of a similar size with the same main cause include Fostering Hope Inc ($283k), Saint Mary International Adoptions Incoporated ($283k) and Valley Hope Counseling Center Incorporated ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $733k against liabilities of $0, net assets of $733k.