Mudgirls Studios

Analysis

Mudgirls Studios is a registered charity in United States, based in Linwood, NJ. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover employment, 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, Mudgirls Studios reported income of $475k and spending of $241k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $269k to $475k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 56% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mudgirls Studios sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include Voz Workers Rights Education Project ($475k), Labi Foundation ($475k) and Dania Economic Development Corporation ($475k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $52k (22% of expenses). Other salaries and wages came to $99k. At year end it held assets of $524k against liabilities of $0, net assets of $524k.