Mommies in Need Inc

Analysis

Mommies in Need Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Mommies in Need Inc reported income of $1.7m and spending of $1.7m, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.1m to $1.7m (+57%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 90%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mommies in Need Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Independent Living Resource Center ($1.7m), Asifa-Hollywood ($1.7m) and Attic Angel Association ($1.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 93% and program service revenue 8.1% of the total. Compensation of current officers, directors and key employees was $141k (8.3% of expenses). Other salaries and wages came to $982k. It paid $29k in professional fundraising fees. At year end it held assets of $1.8m against liabilities of $54k, net assets of $1.7m. It reported 43 employees.