Mohanji Foundation Inc
Analysis
Mohanji Foundation Inc is a registered charity in United States, based in Oakton, VA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Mohanji Foundation Inc reported income of $567k and spending of $106k, leaving 81% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $187k to $567k (+203%), an average of +203% a year. The sharpest change came in the year to December 2023, when income rose by 203%. Over the whole period it spent 29% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mohanji Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Precious Hearts Development Center Inc ($567k), Ukrainian American House ($567k) and Families Helping Families of Southwest Louisiana ($567k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $840k against liabilities of $256k, net assets of $583k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Precious Hearts Development Center Inc | Muncie | $567k |
| Ukrainian American House | Rncho Cordova | $567k |
| Families Helping Families of Southwest Louisiana | Lake Charles | $567k |
| MCC Foundation Inc | Wilmington | $567k |