Mayfield Education and Research Fund

Analysis

Mayfield Education and Research Fund is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in January 1979, 47 years ago. Its declared purposes cover health care, 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 September 2023, Mayfield Education and Research Fund reported income of $913k and spending of $990k, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.1m to $913k (-13%), an average of -3.5% a year. The sharpest change came in the year to September 2022, when income rose by 199%. Over the whole period it spent 63% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mayfield Education and Research Fund sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include Emmaus Road Christian Counseling ($913k), Grinnell Regional Medical Center Foundation ($914k) and Liveonny Foundation ($913k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 50% and program service revenue 45% of the total. At year end it held assets of $6.4m against liabilities of $0, net assets of $6.4m.