Mildred Mindell Foundation Inc

Analysis

Mildred Mindell Foundation Inc is a registered charity in United States, based in Owings Mills, MD. It received its IRS tax-exemption ruling in July 1968, 58 years ago. 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, Mildred Mindell Foundation Inc reported income of $54k and spending of $51k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $54k (+4.3%), an average of +4.3% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mildred Mindell Foundation Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within MD. Charities of a similar size with the same main cause include Friends of the Norton Senior Center Inc ($54k), Peoples Foundation for Better Opportunities ($54k) and Life Center of Page Valley ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.2% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.