Maniapure Foundation USA Inc

Analysis

Maniapure Foundation USA Inc is a registered charity in United States, based in Miami Beach, FL. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2022, Maniapure Foundation USA Inc reported income of $66k and spending of $12k, leaving 82% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $40k to $66k (+65%), an average of +65% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 32% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Maniapure Foundation USA Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 30th percentile within FL. Charities of a similar size with the same main cause include Northwest Iowa Health Center Foundation Inc ($66k), Limestone Area Community Foundation Inc ($66k) and Hartford Community Service Inc ($66k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $176k against liabilities of $54k, net assets of $122k.