Friends of Maharana of Mewar Charitable Foundation

Analysis

Friends of Maharana of Mewar Charitable Foundation is a registered charity in United States, based in Newton Center, MA. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Maharana of Mewar Charitable Foundation reported income of $61k and spending of $59k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $29k to $61k (+112%), an average of +112% a year. The sharpest change came in the year to December 2023, when income rose by 112%. Over the whole period it spent 151% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Maharana of Mewar Charitable Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 33rd percentile within MA. Charities of a similar size with the same main cause include American Friends of Torah Lakol ($61k), The Wilson Foundation ($61k) and Judi Marvel Charities Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.