Mater Divinae Misericordiae Foundation Inc

Analysis

Mater Divinae Misericordiae Foundation Inc is a registered charity in United States, based in Ave Maria, FL. It received its IRS tax-exemption ruling in June 2021, 5 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 December 2023, Mater Divinae Misericordiae Foundation Inc reported income of $53k and spending of $30k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $67k to $53k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mater Divinae Misericordiae Foundation Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 24th percentile within FL. Charities of a similar size with the same main cause include Waldorf Lions Foundation Inc ($53k), Bow Rotary Club Foundation ($53k) and Camp Hill Band Boosters Association ($53k).

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 $102k against liabilities of $0, net assets of $102k.