Mame Jaara Foundation

Analysis

Mame Jaara Foundation is a registered charity in United States, based in Hope Mills, NC. It received its IRS tax-exemption ruling in February 2017, 9 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 March 2024, Mame Jaara Foundation reported income of $71k and spending of $59k, spending 84% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $70k to $71k (+1.4%), an average of +0.3% a year. The sharpest change came in the year to March 2022, when income rose by 144%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mame Jaara Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within NC. Charities of a similar size with the same main cause include Crosses for Losses ($71k), Trideum Foundation Inc ($71k) and Sunflower Outreach Services ($71k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 2,023 employees.