Mba Foundation

Analysis

Mba Foundation is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Mba Foundation reported income of $352k and spending of $322k, spending 91% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $214k to $352k (+65%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mba Foundation 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 66th percentile within MS. Charities of a similar size with the same main cause include Hopes Closet ($352k), Siskiyou Community Food Bank ($352k) and Georgia House Rabbit Society Inc ($352k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $255k against liabilities of $158k, net assets of $96k. It reported 5 employees.