MVP Foundation

Analysis

MVP Foundation is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in February 2010, 16 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, MVP Foundation reported income of $182k and spending of $178k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $125k to $182k (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2022, when income rose by 288%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, MVP Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within AZ. Charities of a similar size with the same main cause include Gem Theater Cultural and Performing Arts Center Inc ($181k), Monument Hill Foundation ($182k) and Clarksville Association of Realtors Spreading Our Support Foundation ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (34% of expenses). At year end it held assets of $138k against liabilities of $5,000, net assets of $133k.