Metis Foundation

Analysis

Metis Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Metis Foundation reported income of $12.1m and spending of $12.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.7m to $12.1m (+155%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 58%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Metis Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include North Country Home Health & Hospice Agency Inc ($12.1m), Jamhi Health & Wellness Inc ($12.1m) and Huntington Nursing Home Inc ($12.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $7.2m (59% of expenses). At year end it held assets of $3.7m against liabilities of $2.9m, net assets of $799k. It reported 86 employees.