Friends of Mimosa Hall & Gardens Inc

Analysis

Friends of Mimosa Hall & Gardens Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Mimosa Hall & Gardens Inc reported income of $61k and spending of $42k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $61k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Mimosa Hall & Gardens Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within GA. Charities of a similar size with the same main cause include Hocker Productions ($61k), Hillcrest Historic Foundation ($61k) and Friends of Isola Delle Femmine ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 109% of the total. At year end it held assets of $210k against liabilities of $0, net assets of $210k.