Maiden Factor Foundation Inc

Analysis

Maiden Factor Foundation Inc is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Maiden Factor Foundation Inc reported income of $55k and spending of $119k, spending 218% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $224k to $55k (-76%), an average of -76% a year. The sharpest change came in the year to September 2023, when income dropped by 76%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maiden Factor Foundation Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within VA. Charities of a similar size with the same main cause include Global Compassion Foundation ($55k), Reachsa ($55k) and Banah Pregnancy Testing Center Ofpontotoc Inc ($55k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.