Mothers Helping Mothers Inc

Analysis

Mothers Helping Mothers Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Mothers Helping Mothers Inc reported income of $1.4m and spending of $1.0m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $502k to $1.4m (+171%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 126%. Over the whole period it spent 61% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mothers Helping Mothers Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include River Cities Harvest Inc ($1.4m), Cherubim Developmental Training Program Inc ($1.4m) and Yates Fund ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $77k (7.6% of expenses). At year end it held assets of $1.5m against liabilities of $26k, net assets of $1.5m.