MPC Legacy Foundation

Analysis

MPC Legacy Foundation is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, MPC Legacy Foundation reported income of $2.3m and spending of $1.7m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.3m (+1.5%), an average of +0.4% a year. Over the whole period it spent 56% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, MPC Legacy Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within MI. Charities of a similar size with the same main cause include Hayashar Vehatov Inc ($2.3m), Restore7 Inc ($2.3m) and Mission Upreach Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.0% of the total. At year end it held assets of $52.1m against liabilities of $142k, net assets of $52.0m.