Mayan Hands Foundation Ltd

Analysis

Mayan Hands Foundation Ltd is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in November 2010, 16 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Mayan Hands Foundation Ltd reported income of $387k and spending of $352k, spending 91% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $275k to $387k (+41%), an average of +8.9% a year. The sharpest change came in the year to May 2022, when income rose by 69%. Over the whole period it spent 75% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Mayan Hands Foundation Ltd sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Unatti Foundation ($387k), Korean-American Youth Assistance Coalition Inc ($387k) and Cair Michigan Chapter Inc ($387k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 42% of the total. Compensation of current officers, directors and key employees was $62k (17% of expenses). Other salaries and wages came to $82k. At year end it held assets of $745k against liabilities of $51k, net assets of $694k. It reported 5 employees.