Charles Musyoka Matuku Foundation

Analysis

Charles Musyoka Matuku Foundation is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in May 2017, 9 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, Charles Musyoka Matuku Foundation reported income of $56k and spending of $12k, leaving 79% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $56k (+6.4%), an average of +6.4% a year. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charles Musyoka Matuku Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within CO. Charities of a similar size with the same main cause include Lewisburg Basketball Booster Club ($56k), Acnpe ($56k) and Accreditation Committee-Perfusion Education ($56k).

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 $285 against liabilities of $3,111, net assets of -$2,826.