More Good Foundation

Analysis

More Good Foundation is a registered charity in United States, based in Provo, UT. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, More Good Foundation reported income of $4.3m and spending of $3.8m, spending 87% of its income. Across the 5 years on record, from June 2020 to December 2023, income grew from $1.2m to $4.3m (+254%), an average of +37% a year. The sharpest change came in the year to December 2022, when income rose by 144%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, More Good Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within UT. Charities of a similar size with the same main cause include Algoma Christian School ($4.3m), Chicago Workers Collaborative ($4.3m) and Aed Foundation Inc ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $2.9m. At year end it held assets of $4.5m against liabilities of $195k, net assets of $4.3m. It reported 34 employees.