Mule Deer Foundation: $1.5M Revenue, $2.2M Expenses

The composite efficiency score of 50/100 puts Mule Deer Foundation at C — neither standout nor failing. Some factors run above the median (often reserves) while others run below (often revenue stability or officer-comp ratio).

Mule Deer Foundation is a small nonprofit: $1.5M in 2022 revenue. Most organizations at this scale rely on a small core of recurring donors plus grant cycles, and the IRS Form 990-EZ short form is sometimes used in place of the full 990. On the financial-health factor, Mule Deer Foundation runs thin — assets relative to annual spending fall below the cushion nonprofit-finance experts typically recommend.

Revenue has declined meaningfully over the five-year filing window — a pattern that warrants attention to underlying funding sustainability. Mule Deer Foundation's 2022 revenue is materially below its earlier filings. Officer compensation runs notably high relative to organizational size: $106,725 against $1.5M in revenue. This is one of the factors driving the efficiency grade down on the rubric. Mule Deer Foundation works in Environment & Animals — environmental, conservation, animal-welfare, and natural-resources programs. The sector spans large international conservation groups and small local land trusts; the financial profile varies accordingly.