Rich Mauti Cancer Fund

Analysis

Rich Mauti Cancer Fund is a registered charity in United States, based in Mandeville, LA. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 2022, Rich Mauti Cancer Fund reported income of $88k and spending of $124k, spending 142% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $286k to $88k (-69%), an average of -33% a year. The sharpest change came in the year to December 2020, when income dropped by 43%. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rich Mauti Cancer Fund 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 33rd percentile, and in the 33rd percentile within LA. Charities of a similar size with the same main cause include Oxford College Corner Clinic ($88k), Corpus Christi Firefighters Care ($88k) and Warhorse Ranch ($88k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 79% of the total. At year end it held assets of $1.8m against liabilities of $285k, net assets of $1.6m.