Mufutuli Inc

Analysis

Mufutuli Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Mufutuli Inc reported income of $352k and spending of $316k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $172k to $352k (+105%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 121%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mufutuli Inc 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 64th percentile, and in the 66th percentile within TN. Charities of a similar size with the same main cause include Valley Sober Charities Inc ($351k), Happiness Foundation ($352k) and Christian Laymans Corps ($351k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $57k against liabilities of $795, net assets of $56k.