Mu Tau Inc

Analysis

Mu Tau Inc is a registered charity in United States, based in Monroe, LA. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mu Tau Inc reported income of $74k and spending of $75k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $78k to $74k (-5.7%), an average of -5.7% a year. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mu Tau 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 29th percentile, and in the 29th percentile within LA. Charities of a similar size with the same main cause include Ouallo Kouya Foundation ($74k), CDS Housing Development Fund Corporation I ($74k) and Angels Share Inc ($74k).

At year end it held assets of $5,262 against liabilities of $0, net assets of $5,262.