The Methuselah Foundation

Analysis

The Methuselah Foundation is a registered charity in United States, based in Springfield, VA. It received its IRS tax-exemption ruling in February 2002, 24 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, The Methuselah Foundation reported income of $129.4m and spending of $123.3m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $147k to $129.4m (+88075%), an average of +445% a year. The sharpest change came in the year to December 2021, when income rose by 16158%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Methuselah Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within VA. Charities of a similar size with the same main cause include Methodist Primary Care Group ($129.0m), Sjouwerman Foundation Inc ($129.5m) and Community Foundation for Southeast Michigan ($128.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 126% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $288k (0.2% of expenses). At year end it held assets of $21.1m against liabilities of $128k, net assets of $21.0m. It reported 1 employees.