Mba-Mi Mundo Daycare LLC

Analysis

Mba-Mi Mundo Daycare LLC is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mba-Mi Mundo Daycare LLC reported income of $416k and spending of $356k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $343k to $416k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mba-Mi Mundo Daycare LLC sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Lifeline of Northwest Arkansas ($416k), Homeless Helping Homeless ($416k) and Leading for Kids ($416k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. Other salaries and wages came to $238k. At year end it held assets of $240k against liabilities of $1,539, net assets of $239k. It reported 40 employees.