Manda Strong Foundation

Analysis

Manda Strong Foundation is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in April 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 December 2023, Manda Strong Foundation reported income of $95k and spending of $162k, spending 170% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $246k to $95k (-61%), an average of -61% a year. The sharpest change came in the year to December 2023, when income dropped by 61%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Manda Strong Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Holy Cross Conference of the Society of St Vincent de Paul ($95k), Mercer Foundation Inc ($95k) and Buford Community Thrift Shop Inc ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 117% of the total. Compensation of current officers, directors and key employees was $15k (9.3% of expenses). At year end it held assets of $254k against liabilities of $4,444, net assets of $249k. It reported 1 employees.