Menokin Foundation

Analysis

Menokin Foundation is a registered charity in United States, based in Warsaw, VA. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Menokin Foundation reported income of $304k and spending of $1.3m, spending 414% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $501k to $304k (-39%), an average of -12% a year. The sharpest change came in the year to December 2020, when income rose by 110%. Over the whole period it spent 114% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Menokin Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within VA. Charities of a similar size with the same main cause include Rotary Club of Roseville Foundation ($304k), Masiphumelele Corporation ($304k) and Darchei Noam Inc ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $34k (2.7% of expenses). At year end it held assets of $1.9m against liabilities of $350k, net assets of $1.6m. It reported 13 employees.