Meta Foundation

Analysis

Meta Foundation is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Meta Foundation reported income of $129k and spending of $31k, leaving 76% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $162k to $129k (-20%), an average of -5.6% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Meta Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Education Elevators Foundation Inc ($129k), Girlsempowermentnet NFP ($129k) and Parent Booster USA Inc ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $644k against liabilities of $0, net assets of $644k.