Mandala Enterprise Corporation

Analysis

Mandala Enterprise Corporation is a registered charity in United States, based in Brandywine, MD. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mandala Enterprise Corporation reported income of $125k and spending of $110k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $126k to $125k (-0.5%), an average of -0.5% a year. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mandala Enterprise Corporation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within MD. Charities of a similar size with the same main cause include Joyful Journeys Inc ($125k), Mark Twain Community Resource Center ($125k) and Nevadans First ($125k).

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 $60k against liabilities of $0, net assets of $60k.