Map Foundation Inc

Analysis

Map Foundation Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in December 2007, 19 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 March 2023, Map Foundation Inc reported income of $1.6m and spending of $864k, leaving 44% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income grew from $482k to $1.6m (+222%), an average of +48% a year. The sharpest change came in the year to March 2022, when income rose by 71%. Over the whole period it spent 63% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Map Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within KY. Charities of a similar size with the same main cause include The Matthew Larson Foundation for Pediatric Brain Tumors ($1.6m), Keren Kiryat Sefer Inc ($1.6m) and Halle Foundation ($1.6m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $4.8m against liabilities of $1.3m, net assets of $3.5m.