Mabopane Foundation

Analysis

Mabopane Foundation is a registered charity in United States, based in Apex, NC. It received its IRS tax-exemption ruling in September 2004, 22 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 December 2023, Mabopane Foundation reported income of $387k and spending of $339k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $387k (-66%), an average of -23% a year. The sharpest change came in the year to December 2020, when income dropped by 63%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mabopane Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Arc Desoto Inc ($387k), Clive Community Services ($387k) and Churches United in Caring Inc ($387k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. Other salaries and wages came to $43k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 2 employees.