Mindfulness Outreach Initiative Inc

Analysis

Mindfulness Outreach Initiative Inc is a registered charity in United States, based in Garland, TX. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover human services, 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, Mindfulness Outreach Initiative Inc reported income of $93k and spending of $105k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $125k to $93k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 127% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mindfulness Outreach Initiative Inc sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Giving Hope International ($93k), Andrew James Lawson Foundation Inc ($93k) and St Martha Conferenc St Vincent de Paul Society ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $15k against liabilities of $1,664, net assets of $14k.