Mammacare Foundation Inc

Analysis

Mammacare Foundation Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Mammacare Foundation Inc reported income of $87k and spending of $152k, spending 176% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $93k to $87k (-7.1%), an average of -1.8% a year. The sharpest change came in the year to August 2022, when income dropped by 45%. Over the whole period it spent 137% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mammacare Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 36th percentile within FL. Charities of a similar size with the same main cause include Silver Creek Elementary Parent Teacher Organization ($87k), Springboro Amateur Wrestling ($87k) and Fruitland PTA Council 5 7 10 ($87k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.0% and program service revenue 154% of the total. Compensation of current officers, directors and key employees was $71k (47% of expenses). Other salaries and wages came to $64k. At year end it held assets of $16k against liabilities of $231k, net assets of -$215k. It reported 8 employees.