Mustangs of America Foundation

Analysis

Mustangs of America Foundation is a registered charity in United States, based in Minden, NV. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Mustangs of America Foundation reported income of $61k and spending of $58k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $35k to $61k (+74%), an average of +74% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 90% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Mustangs of America Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 27th percentile within NV. Charities of a similar size with the same main cause include One Living Sanctuary ($60k), Saving Animals in Need Together ($61k) and Pacific Primate Sanctuary Inc ($60k).

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 $74k against liabilities of $0, net assets of $74k.