Metzenbaum Foundation

Analysis

Metzenbaum Foundation is a registered charity in United States, based in Chesterland, OH. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Metzenbaum Foundation reported income of $708k and spending of $712k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $656k to $708k (+7.9%), an average of +1.9% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Metzenbaum Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Seafood Nutrition Partnership ($708k), Take the Lead Inc ($708k) and Another Child Foundation ($707k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $183k. At year end it held assets of $2.6m against liabilities of $553k, net assets of $2.1m. It reported 5 employees.