Mahatma Gandhi Memorial Foundation Inc

Analysis

Mahatma Gandhi Memorial Foundation Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in July 1978, 48 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Mahatma Gandhi Memorial Foundation Inc reported income of $70k and spending of $63k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $97k to $70k (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2022, when income dropped by 219%. Over the whole period it spent 88% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Mahatma Gandhi Memorial Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within MD. Charities of a similar size with the same main cause include One World in Concert Inc ($70k), Window International Network Inc ($70k) and Comforter Missions ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $464k against liabilities of $0, net assets of $464k.