Mueed Inc

Analysis

Mueed Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Mueed Inc reported income of $64k and spending of $92k, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $571k to $64k (-89%), an average of -42% a year. The sharpest change came in the year to December 2021, when income dropped by 84%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mueed Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Warren County 4-H Leaders Association Inc ($64k), Parents of Troop 628 ($64k) and Empower Juniors ($64k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $9,575 (10% of expenses). At year end it held assets of $128k against liabilities of $0, net assets of $128k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.