Mbaise Family Association Inc

Analysis

Mbaise Family Association Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mbaise Family Association Inc reported income of $58k and spending of $60k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $69k to $58k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mbaise Family Association Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within TX. Charities of a similar size with the same main cause include Hope Street Ministries Inc ($58k), Food Program and Clothesline of Jackson ($58k) and Connect Ability ($58k).

At year end it held assets of $283k against liabilities of $96k, net assets of $187k.