Msufcu Desk Drawer Foundation

Analysis

Msufcu Desk Drawer Foundation is a registered charity in United States, based in East Lansing, MI. It received its IRS tax-exemption ruling in July 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 2023, Msufcu Desk Drawer Foundation reported income of $3.2m and spending of $658k, leaving 79% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $322k to $3.2m (+895%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 436%. Over the whole period it spent 48% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Msufcu Desk Drawer Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include Peopleforbikes Foundation ($3.2m), CLC Foundation Inc ($3.2m) and Whitley County Community Foundation Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $2.7m against liabilities of $12k, net assets of $2.7m.