Friends of Madagascar Mission Inc

Analysis

Friends of Madagascar Mission Inc is a registered charity in United States, based in Eden Prairie, MN. It received its IRS tax-exemption ruling in December 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 (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, Friends of Madagascar Mission Inc reported income of $415k and spending of $322k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $186k to $415k (+123%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 132%. Over the whole period it spent 70% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Madagascar Mission Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MN. Charities of a similar size with the same main cause include Kijabe Childrens Educational Fund Inc ($415k), Inkstick Media Inc ($416k) and Self Help Africa Inc ($415k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $674k against liabilities of $0, net assets of $674k.