Mi-Goo-Ni-Di Institute Inc

Analysis

Mi-Goo-Ni-Di Institute Inc is a registered charity in United States, based in Los Ranchos, NM. It received its IRS tax-exemption ruling in September 2021, 5 years ago. 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, Mi-Goo-Ni-Di Institute Inc reported income of $52k and spending of $61k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $79k to $52k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mi-Goo-Ni-Di Institute Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 16th percentile within NM. Charities of a similar size with the same main cause include Ipc NCF Support Organization ($52k), Jackson County Christmas Charities Inc ($52k) and St Christophers Fund ($52k).

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 $41k against liabilities of $38, net assets of $41k.