A Mothers Love Initiative

Analysis

A Mothers Love Initiative is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 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, A Mothers Love Initiative reported income of $1.4m and spending of $1.3m, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.1m to $1.4m (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, A Mothers Love Initiative sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include Health Occupations Students of America ($1.4m), National Safety Council Nebraska Chapter ($1.4m) and Phoenix House Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $46k (3.7% of expenses). Other salaries and wages came to $614k. At year end it held assets of $696k against liabilities of $10k, net assets of $686k.