Metta for Life Foundation

Analysis

Metta for Life Foundation is a registered charity in United States, based in Lathrop, CA. It received its IRS tax-exemption ruling in January 2016, 10 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, Metta for Life Foundation reported income of $74k and spending of $90k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $88k to $74k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 138% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Metta for Life Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include All Star I ($74k), Scotland County Community Fitness ($74k) and Anointed Communities in Transition Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $6,345 against liabilities of $2,269, net assets of $4,076.