T P Mulick Family Education Foundation

Analysis

T P Mulick Family Education Foundation is a registered charity in United States, based in Minot, ND. It received its IRS tax-exemption ruling in January 1975, 51 years ago. 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, T P Mulick Family Education Foundation reported income of $238k and spending of $69k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $103k to $238k (+132%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 398%. Over the whole period it spent 53% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, T P Mulick Family Education Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 51st percentile within ND. Charities of a similar size with the same main cause include Little League Baseball Inc ($238k), The Missouri Interscholastic Athletic Administrators Associatio ($238k) and Assistance League of San Jose ($238k).

At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.