Friends of Mukhanyo

Analysis

Friends of Mukhanyo is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of Mukhanyo reported income of $234k and spending of $233k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $226k to $234k (+3.6%), an average of +0.9% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Mukhanyo sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Edge Gymnastics Booster Club ($234k), KC Academy Sulphur Inc ($234k) and Kaiser Elementary School ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.