Mia Sutphin Foundation Inc

Analysis

Mia Sutphin Foundation Inc is a registered charity in United States, based in Ellicott City, MD. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 May 2023, Mia Sutphin Foundation Inc reported income of $172k and spending of $90k, leaving 48% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $100k to $172k (+71%), an average of +14% a year. The sharpest change came in the year to May 2022, when income rose by 80%. Over the whole period it spent 45% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mia Sutphin Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within MD. Charities of a similar size with the same main cause include Rob Degrand Memorial Fund ($172k), Best of Africa Cultural Group ($172k) and Norman and Barbara Tanner 1999 Charitable Support TR I ($172k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.