Mirembe Project

Analysis

Mirembe Project is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2000, 26 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, Mirembe Project reported income of $58k and spending of $81k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $138k to $58k (-58%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mirembe Project sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Princeton Meditation Group ($58k), Oblong School Academic Foundation ($58k) and Water and Education International ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $11k against liabilities of $6,424, net assets of $4,332.