Misd Foundation for Excellence Inc

Analysis

Misd Foundation for Excellence Inc is a registered charity in United States, based in Murray, KY. It received its IRS tax-exemption ruling in February 1987, 39 years ago. 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 June 2024, Misd Foundation for Excellence Inc reported income of $64k and spending of $47k, leaving 26% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $78k to $64k (-18%), an average of -18% a year. The sharpest change came in the year to June 2024, when income dropped by 18%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Misd Foundation for Excellence 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 25th percentile, and in the 23rd percentile within KY. Charities of a similar size with the same main cause include The Arlington Community Club Inc ($64k), Inn Ministry Inc ($64k) and PTA Massachusetts Parent-Teacher Association Inc ($64k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $641k against liabilities of $0, net assets of $641k.