The M Film Lab Inc

Analysis

The M Film Lab Inc is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in December 2021, 5 years ago. 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, The M Film Lab Inc reported income of $200k and spending of $120k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $151k to $200k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The M Film Lab Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Yfp Inc ($200k), Knights Templar Educational Foundation of the Grand Encampment ($200k) and Annie W Johnson Senior & Family Service Center Inc ($200k).

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 $118k against liabilities of $0, net assets of $118k.