Midlands Special Needs Foundation

Analysis

Midlands Special Needs Foundation is a registered charity in United States, based in Lexington, SC. It received its IRS tax-exemption ruling in October 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, Midlands Special Needs Foundation reported income of $63k and spending of $73k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $63k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Midlands Special Needs Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 31st percentile within SC. Charities of a similar size with the same main cause include Our Daily Bread Food Pantry ($63k), Global Emergency Response and Assistance Gera ($63k) and St Stephen Outreach Community Development Corporation ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $237k against liabilities of $0, net assets of $237k.