Mip Foundation

Analysis

Mip Foundation is a registered charity in United States, based in Oreland, PA. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Mip Foundation reported income of $164k and spending of $161k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $118k to $164k (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mip Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include Emmada Institute of Behavioral Health & Wellness ($164k), Frackville Community Ambulance Association ($164k) and Noah Worcester Endowment Fund Inc ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $221k against liabilities of $3,760, net assets of $217k.