Mama Ada Foundation

Analysis

Mama Ada Foundation is a registered charity in United States, based in Hopkins, MN. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Mama Ada Foundation reported income of $63k and spending of $117k, spending 187% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $190k to $63k (-67%), an average of -67% a year. The sharpest change came in the year to December 2023, when income dropped by 67%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mama Ada Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within MN. Charities of a similar size with the same main cause include National Charity League-Gateway Chapter ($63k), Foundation Scov ($63k) and GFWC North Pinellas Womans Club Foundation Inc ($63k).

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 $98k against liabilities of $621, net assets of $97k.