Mytquinn Foundation

Analysis

Mytquinn Foundation is a registered charity in United States, based in Westlake VLG, CA. It received its IRS tax-exemption ruling in June 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, Mytquinn Foundation reported income of $215k and spending of $148k, leaving 31% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $73k to $215k (+196%), an average of +44% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mytquinn Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Safe Haven Foster Shoppe ($215k), United Kirat Rai Organization Ofamerica ($215k) and Asopuente International Inc ($215k).

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 $194k against liabilities of $0, net assets of $194k.