MZC Foundation Inc

Analysis

MZC Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, MZC Foundation Inc reported income of $2.1m and spending of $2.4m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $533k to $2.1m (+289%), an average of +40% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 104% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, MZC Foundation Inc 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 86th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Airlie Gardens Foundation Inc ($2.1m), Mountain Watershed Association ($2.1m) and The Ojai Valley Land Conservancy ($2.1m).

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 $265k (11% of expenses). Other salaries and wages came to $829k. It paid $199k in professional fundraising fees. At year end it held assets of $344k against liabilities of $6,148, net assets of $338k. It reported 17 employees.