Mamatoto Village Inc

Analysis

Mamatoto Village Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2014, 12 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, Mamatoto Village Inc reported income of $4.9m and spending of $3.9m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $4.9m (+177%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mamatoto Village Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 80th percentile within DC. Charities of a similar size with the same main cause include Starting Points of Hudson County Inc ($4.9m), The Bridge for Youth ($4.9m) and Men of Nehemiah Inc ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $163k (4.2% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $6.1m against liabilities of $1.8m, net assets of $4.2m. It reported 52 employees.