Mellowhood Foundation Inc

Analysis

Mellowhood Foundation Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Mellowhood Foundation Inc reported income of $147k and spending of $143k, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $290k to $147k (-49%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 40%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mellowhood Foundation Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within WI. Charities of a similar size with the same main cause include Organization of Special Needs Families ($147k), Shakopee Youth Football Association ($147k) and Waynesboro Area School Band Auxiliary ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $28k against liabilities of $1,367, net assets of $26k.