Mpak Inc

Analysis

Mpak Inc is a registered charity in United States, based in Carson, CA. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mpak Inc reported income of $562k and spending of $467k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $410k to $562k (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 196%. 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, Mpak Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Feed My Poor ($562k), Friends of Family Farmers ($562k) and Stella Foundation ($562k).

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 $612k against liabilities of $0, net assets of $612k.