Fred L Mazzilli Foundation Inc

Analysis

Fred L Mazzilli Foundation Inc is a registered charity in United States, based in Bellmore, NY. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Fred L Mazzilli Foundation Inc reported income of $66k and spending of $76k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $66k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fred L Mazzilli Foundation Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Auxiliary of the Foothill Presbyterian Hospital ($66k), Northwest Alano Club of Tucson Inc ($66k) and Maywood Phoenix Homes Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.6% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.