M Family Foundation Inc

Analysis

M Family Foundation Inc is a registered charity in United States, based in Celebration, FL. It received its IRS tax-exemption ruling in January 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, M Family Foundation Inc reported income of $243k and spending of $136k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $91k to $243k (+168%), an average of +168% a year. The sharpest change came in the year to December 2022, when income rose by 168%. Over the whole period it spent 52% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, M Family Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Johnson City Jonesborough Washington Co Chamber Foundation ($243k), Faith Community Foundation ($243k) and Oasis Foundation for Education and Therapeutic Services ($243k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $196k against liabilities of $130, net assets of $196k.