MZ Foundation

Analysis

MZ Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in August 2006, 20 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, MZ Foundation reported income of $104k and spending of $206k, spending 198% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $493k to $104k (-79%), an average of -32% a year. The sharpest change came in the year to December 2021, when income rose by 247%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, MZ Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Ignite College and Career Academy ($104k), Alturas Institute Inc ($104k) and Wyalusing Public Library ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% of the total. Compensation of current officers, directors and key employees was $32k (16% of expenses). At year end it held assets of $973k against liabilities of $37k, net assets of $936k.