Friends of MSF at Uga Inc

Analysis

Friends of MSF at Uga Inc is a registered charity in United States, based in Buford, GA. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Friends of MSF at Uga Inc reported income of $124k and spending of $24k, leaving 81% of income unspent that year. Across the 2 years on record, from April 2022 to April 2023, income fell from $250k to $124k (-50%), an average of -50% a year. The sharpest change came in the year to April 2023, when income dropped by 50%. Over the whole period it spent 18% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of MSF at Uga Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within GA. Charities of a similar size with the same main cause include Laguna Beach Education Endowment Fund ($124k), Morgans Place Cemetery Inc ($124k) and Angels Recovery House ($124k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $318k against liabilities of $0, net assets of $318k.