Mighty Fortress Foundation

Analysis

Mighty Fortress Foundation is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2023, Mighty Fortress Foundation reported income of $125k and spending of $65k, leaving 48% of income unspent that year. Across the 3 years on record, from September 2021 to September 2023, income fell from $2.0m to $125k (-94%), an average of -75% a year. The sharpest change came in the year to September 2022, when income dropped by 102%. Over the whole period it spent 8.9% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mighty Fortress Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within MI. Charities of a similar size with the same main cause include Adventures in Recovery Inc ($125k), Mpact Mens Ministries Inc ($125k) and Norwalk St Paul Conference ($125k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $1.9m against liabilities of $3,400, net assets of $1.9m.