Mufon Mutual Ufo Network Inc

Analysis

Mufon Mutual Ufo Network Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in November 1982, 44 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Mufon Mutual Ufo Network Inc reported income of $796k and spending of $725k, spending 91% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $563k to $796k (+41%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mufon Mutual Ufo Network Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Green Gables at Historic Riverview Village Inc ($796k), Fine Arts Institute of Edmond ($796k) and Choristers Guild ($796k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 20% of the total. At year end it held assets of $290k against liabilities of $2,193, net assets of $288k. It reported 1 employees.