My Sisters Charities

Analysis

My Sisters Charities is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, My Sisters Charities reported income of $562k and spending of $423k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $403k to $562k (+39%), an average of +8.7% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, My Sisters Charities sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within AZ. Charities of a similar size with the same main cause include Association of Golf Merchandisers ($561k), Improved Milton Experience ($562k) and Jefferson County Community Partnership Inc ($561k).

At year end it held assets of $770k against liabilities of $2,364, net assets of $768k. It reported 15 employees.