My Fathers Plan Inc

Analysis

My Fathers Plan Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in April 2019, 7 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, My Fathers Plan Inc reported income of $399k and spending of $363k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $193k to $399k (+106%), an average of +106% a year. The sharpest change came in the year to December 2023, when income rose by 106%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, My Fathers Plan Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MD. Charities of a similar size with the same main cause include Lightning Youth Athletics Inc ($399k), Run Minnesota ($399k) and Northwest Indiana Catholic Youth Organization ($399k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.