Mutual Aid Myanmar Inc

Analysis

Mutual Aid Myanmar Inc is a registered charity in United States, based in Accord, NY. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Mutual Aid Myanmar Inc reported income of $97k and spending of $91k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $814k to $97k (-88%), an average of -66% a year. The sharpest change came in the year to December 2022, when income dropped by 79%. Over the whole period it spent 71% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Mutual Aid Myanmar Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Fundacion Colvida Inc ($97k), Kingdom Faith Ministriesinternational Inc ($97k) and Haiti Mission Society Inc ($97k).

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 $360k against liabilities of $0, net assets of $360k.