Mushahida Foundation Inc

Analysis

Mushahida Foundation Inc is a registered charity in United States, based in Cooper City, 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, Mushahida Foundation Inc reported income of $795k and spending of $908k, spending 114% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $220k to $795k (+261%), an average of +90% a year. The sharpest change came in the year to December 2022, when income rose by 203%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mushahida Foundation Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include National Association of Corporate Directors ($795k), Gazelle Foundation ($796k) and Fishing for Life ($794k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $80k against liabilities of $35k, net assets of $45k.