Mann Charitable Foundation

Analysis

Mann Charitable Foundation is a registered charity in United States, based in San Fernando, CA. It received its IRS tax-exemption ruling in July 2020, 6 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 February 2024, Mann Charitable Foundation reported income of $782k and spending of $331k, leaving 58% of income unspent that year. Across the 4 years on record, from February 2021 to February 2024, income grew from $50k to $782k (+1464%), an average of +150% a year. The sharpest change came in the year to February 2023, when income rose by 882293%. Over the whole period it spent 45% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mann Charitable Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Charles E Kaufman Foundation ($780k), East Texas Angel Network Inc ($782k) and Jayson Tatum Foundation ($780k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $789k against liabilities of $0, net assets of $789k.