Motiv8 Foundation Inc

Analysis

Motiv8 Foundation Inc is a registered charity in United States, based in Independence, OH. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Motiv8 Foundation Inc reported income of $300k and spending of $315k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $340k to $300k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2020, when income rose by 52%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Motiv8 Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Centro Del Pueblo Movimiento Indigena Migrante ($300k), Brain Builders Early Childhood and Family Development Inc ($300k) and Community on the Rise ($300k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $959k against liabilities of $0, net assets of $959k.