M V Foundation

Analysis

M V Foundation is a registered charity in United States, based in Newark, CA. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, M V Foundation reported income of $274k and spending of $266k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $296k to $274k (-7.4%), an average of -1.9% a year. The sharpest change came in the year to December 2020, when income dropped by 20%. Over the whole period it spent 110% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, M V Foundation sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Tashirat Foundation ($273k), We Feed Inc ($274k) and Trinity Children Inc ($273k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $532k against liabilities of $499k, net assets of $33k.