Msho Foundation

Analysis

Msho Foundation is a registered charity in United States, based in Troy, MI. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Msho Foundation reported income of $542k and spending of $390k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $411k to $542k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Msho Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Spring Educational Services Inc ($542k), John Jay Center for Learning Inc ($542k) and Organization for Associates Degree Nursing Foundation Inc ($542k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 98% of the total. At year end it held assets of $588k against liabilities of $54k, net assets of $534k.