Mesa Foundation

Analysis

Mesa Foundation is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mesa Foundation reported income of $1.1m and spending of $528k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $189k to $1.1m (+504%), an average of +504% a year. The sharpest change came in the year to December 2023, when income rose by 504%. Over the whole period it spent 50% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mesa Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include White Plains Downtown District Management Association Inc ($1.1m), Sheet Metal Workers & Tri Cty Air Cond & SHT Mt Contr Joint TR Fund ($1.1m) and Cherokee by Choice Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $739k against liabilities of $68k, net assets of $671k.