Mwana Villages US Inc

Analysis

Mwana Villages US Inc is a registered charity in United States, based in Mountain BRK, AL. It received its IRS tax-exemption ruling in May 2015, 11 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, Mwana Villages US Inc reported income of $639k and spending of $640k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $447k to $639k (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mwana Villages US Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within AL. Charities of a similar size with the same main cause include Kansas Farm Management Association N C ($638k), Voices of Hope ($639k) and Adventure for All Corporation ($638k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $102k (16% of expenses). At year end it held assets of $138k against liabilities of $3,467, net assets of $135k. It reported 2 employees.