Forvis Mazars Foundation

Analysis

Forvis Mazars Foundation is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in January 2000, 26 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 May 2023, Forvis Mazars Foundation reported income of $2.9m and spending of $2.2m, leaving 22% of income unspent that year. Across the 4 years on record, from May 2020 to May 2023, income grew from $1.5m to $2.9m (+85%), an average of +23% a year. The sharpest change came in the year to May 2021, when income rose by 71%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Forvis Mazars Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within MO. Charities of a similar size with the same main cause include Great Falls Public Schools Foundation ($2.8m), Boston Globe Foundation Inc ($2.9m) and Amigos de Los Rios ($2.8m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $4.3m against liabilities of $0, net assets of $4.3m.