Mwanzo

Analysis

Mwanzo is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Mwanzo reported income of $366k and spending of $388k, spending 106% of what it took in. Across the 4 years on record, from March 2021 to March 2024, income grew from $249k to $366k (+47%), an average of +14% a year. The sharpest change came in the year to March 2023, when income rose by 73%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mwanzo sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within WA. Charities of a similar size with the same main cause include Lifeways of Wisconsin Inc ($366k), The Ecumenical Community Food Pantry of Norwood Inc ($366k) and Little Loboes Bright Beginnings Inc ($366k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $81k (21% of expenses). Other salaries and wages came to $59k. At year end it held assets of $366k against liabilities of $5,726, net assets of $360k. It reported 1 employees.