Foundation for a Mindful Society Inc

Analysis

Foundation for a Mindful Society Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover health care, 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 December 2023, Foundation for a Mindful Society Inc reported income of $69k and spending of $112k, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.2m to $69k (-98%), an average of -62% a year. The sharpest change came in the year to December 2021, when income dropped by 86%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation for a Mindful Society Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Docare International ($69k), Nami Main Line Pa ($69k) and Marvin Thomas Memorial ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $35k against liabilities of $2,952, net assets of $32k.