Mighty Moms

Analysis

Mighty Moms is a registered charity in United States, based in Denham SPGS, LA. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Mighty Moms reported income of $399k and spending of $244k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $141k to $399k (+182%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 199%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mighty Moms sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within LA. Charities of a similar size with the same main cause include Fonag Inc ($399k), Et Cetera Shop NFP ($399k) and Mission 823 Inc ($399k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $47k (19% of expenses). At year end it held assets of $246k against liabilities of $3,172, net assets of $243k. It reported 2 employees.