Metro Manhattan Community Foundation

Analysis

Metro Manhattan Community Foundation is a registered charity in United States, based in Englewood, NJ. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 April 2023, Metro Manhattan Community Foundation reported income of $214k and spending of $98k, leaving 54% of income unspent that year. Across the 3 years on record, from April 2019 to April 2023, income grew from $126k to $214k (+69%), an average of +30% a year. The sharpest change came in the year to April 2023, when income rose by 3247%. Over the whole period it spent 41% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Metro Manhattan Community Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 62nd percentile within NJ. Charities of a similar size with the same main cause include Utah Valley Refugees ($214k), Roosters Foundation of Orange County ($214k) and Reader to Reader Inc ($213k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $605k against liabilities of $577, net assets of $604k.