Metro Foundation

Analysis

Metro Foundation is a registered charity in United States, based in Burr Ridge, IL. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Metro Foundation reported income of $150k and spending of $77k, leaving 48% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $527k to $150k (-72%), an average of -47% a year. The sharpest change came in the year to December 2022, when income dropped by 84%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Metro Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within IL. Charities of a similar size with the same main cause include Ohio Childrens Hospital Association Foundation ($150k), Optimal Wellness Research Foundation Inc ($150k) and Hunt for a Cure Inc ($150k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $92k against liabilities of $800, net assets of $91k.