Mamadele Foundation
Analysis
Mamadele Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Mamadele Foundation reported income of $89k and spending of $95k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $142k to $89k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 102% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mamadele Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within PA. Charities of a similar size with the same main cause include Uhane Pohaku Na Moku O Hawaii Inc ($89k), Vietnamese American Philharmonics ($89k) and Brigit St Brigit Theatre Company ($89k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $6,121 against liabilities of $0, net assets of $6,121.
Income and spending
Where the income comes from
- Contributions & grants 70%
- Program services 30%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Uhane Pohaku Na Moku O Hawaii Inc | Hilo | $89k |
| Vietnamese American Philharmonics | Westminster | $89k |
| Brigit St Brigit Theatre Company | Omaha | $89k |
| Gujarati Samaj of Greater Austin | Round Rock | $89k |