Mi Lupus Foundation

Analysis

Mi Lupus Foundation is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 June 2024, Mi Lupus Foundation reported income of $112k and spending of $143k, spending 127% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $107k to $112k (+5.2%), an average of +5.2% a year. Over the whole period it spent 129% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mi Lupus Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within MI. Charities of a similar size with the same main cause include Southern California Alcoholics Anonymous Convention ($112k), Miles for Marc ($113k) and Foundation for Annie Jeffrey ($112k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $26k (18% of expenses). At year end it held assets of $165k against liabilities of $8,087, net assets of $157k. It reported 1 employees.