Majesty Foundation

Analysis

Majesty Foundation is a registered charity in United States, based in Grosse Pt FRM, MI. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Majesty Foundation reported income of $410k and spending of $1.1m, spending 279% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $2.4m to $410k (-83%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 75%. Over the whole period it spent 67% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Majesty Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include The Water Hole ($410k), Om Foundation Inc ($410k) and World Missionary Assistance Plan ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $49k. At year end it held assets of $2.6m against liabilities of $150k, net assets of $2.4m.