Mdo Care Foundation Inc

Analysis

Mdo Care Foundation Inc is a registered charity in United States, based in Lutz, FL. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mdo Care Foundation Inc reported income of $72k and spending of $58k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $36k to $72k (+100%), an average of +100% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mdo Care Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 32nd percentile within FL. Charities of a similar size with the same main cause include Charutar Health Foundation Corp ($72k), Thanks Program Inc ($72k) and National Charity League Vista Oak Chapter ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.