Chifundo Medical Missions Inc

Analysis

Chifundo Medical Missions Inc is a registered charity in United States, based in Grand Island, NE. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 October 2023, Chifundo Medical Missions Inc reported income of $53k and spending of $30k, leaving 43% of income unspent that year. Across the 2 years on record, from October 2022 to October 2023, income grew from $52k to $53k (+1.9%), an average of +1.9% a year. Over the whole period it spent 69% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Chifundo Medical Missions Inc sits at the 19th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 18th percentile within NE. Charities of a similar size with the same main cause include Thrive Life Skills Inc ($53k), Fast-Nu Alumni Association ($53k) and St John the Baptist Mission Support ($53k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.