Michael Napoleone Memorial Foundation Inc

Analysis

Michael Napoleone Memorial Foundation Inc is a registered charity in United States, based in Batavia, NY. It received its IRS tax-exemption ruling in April 2008, 18 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 December 2023, Michael Napoleone Memorial Foundation Inc reported income of $161k and spending of $144k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $166k to $161k (-3.2%), an average of -3.2% a year. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Michael Napoleone Memorial Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Simsbury Community Television Inc Eno Memorial Hall ($161k), Oakland-Alameda County-Emeryville Firefighters Charity Fund ($161k) and Mascarenas Foundation ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $277k against liabilities of $0, net assets of $277k.