Mighty Maddy Foundation

Analysis

Mighty Maddy Foundation is a registered charity in United States, based in Indianola, IA. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Mighty Maddy Foundation reported income of $73k and spending of $63k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $88k to $73k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 50% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mighty Maddy Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within IA. Charities of a similar size with the same main cause include Young Overcomers United ($73k), Burn Advocates Network Ltd ($73k) and Exchanged Life Ministries of Greater Philadelphia ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $81k against liabilities of $28, net assets of $81k.