Merona Leadership Foundation

Analysis

Merona Leadership Foundation is a registered charity in United States, based in Encino, CA. It received its IRS tax-exemption ruling in October 2014, 12 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, Merona Leadership Foundation reported income of $3.2m and spending of $1.7m, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $3.2m (+180%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 104%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Merona Leadership Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Halfmoon Education Inc ($3.2m), Marion Preparatory Academy ($3.2m) and The@family Place Public Charter School ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $380k. At year end it held assets of $2.5m against liabilities of $3,736, net assets of $2.5m. It reported 7 employees.