Many Mothers

Analysis

Many Mothers is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in January 2001, 25 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 June 2023, Many Mothers reported income of $465k and spending of $373k, spending 80% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $270k to $465k (+72%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 56%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Many Mothers sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within NM. Charities of a similar size with the same main cause include Mercer County Hispanic Association Inc ($465k), Lake Pointe Resource Center Inc ($465k) and Emerald M Therapeutic Riding Center Inc ($465k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $71k (19% of expenses). Other salaries and wages came to $142k. At year end it held assets of $194k against liabilities of $3,464, net assets of $191k. It reported 6 employees.