M4k Richmond Inc

Analysis

M4k Richmond Inc is a registered charity in United States, based in Midlothian, VA. It received its IRS tax-exemption ruling in October 2010, 16 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 March 2024, M4k Richmond Inc reported income of $866k and spending of $860k, spending 99% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $428k to $866k (+102%), an average of +19% a year. The sharpest change came in the year to March 2022, when income rose by 35%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, M4k Richmond Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include CSJ Ministries Foundation ($866k), Choice Community Supports Inc ($867k) and Living Out Loud Inc ($866k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 23% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.