Mystic Force Foundation

Analysis

Mystic Force Foundation is a registered charity in United States, based in North Miami, FL. It received its IRS tax-exemption ruling in April 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, Mystic Force Foundation reported income of $143k and spending of $122k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $143k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mystic Force Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Fenwick Improvement Fund Inc ($143k), Micro Nonprofit Network ($143k) and Vermont Agency Foundation Ltd ($143k).

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 $245k against liabilities of $0, net assets of $245k.