Mpower Now Inc

Analysis

Mpower Now Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Mpower Now Inc reported income of $127k and spending of $98k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $127k (+153%), an average of +153% a year. The sharpest change came in the year to December 2023, when income rose by 153%. Over the whole period it spent 120% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Mpower Now Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within GA. Charities of a similar size with the same main cause include Saving Lives with Love Inc ($127k), Sarah and NRN Foundation ($127k) and Love in Action Partners Inc ($126k).

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 $44k against liabilities of $0, net assets of $44k.