Mahogany Revue Research & Development Center Inc

Analysis

Mahogany Revue Research & Development Center Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in August 1999, 27 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 September 2024, Mahogany Revue Research & Development Center Inc reported income of $175k and spending of $99k, leaving 43% of income unspent that year. Across the 2 years on record, from September 2023 to September 2024, income grew from $77k to $175k (+128%), an average of +128% a year. The sharpest change came in the year to September 2024, when income rose by 128%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mahogany Revue Research & Development Center Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Afara Governance ($175k), Ben Milam International Academy ($175k) and Worldwide Education Fund ($175k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 31% and program service revenue 69% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.