Mi Amore Incorporated

Analysis

Mi Amore Incorporated is a registered charity in United States, based in Winthrop, MA. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Mi Amore Incorporated reported income of $163k and spending of $162k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $188k to $163k (-14%), an average of -14% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mi Amore Incorporated sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include Seasons of Hope Center ($162k), The Joshua Tree Community ($163k) and Senior Citizens of Patagonia Inc ($162k).

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 $47k against liabilities of $0, net assets of $47k.