Movember Foundation

Analysis

Movember Foundation is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 April 2024, Movember Foundation reported income of $16.8m and spending of $15.6m, spending 93% of its income. Across the 5 years on record, from April 2020 to April 2024, income fell from $18.4m to $16.8m (-8.6%), an average of -2.2% a year. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Movember Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Dora Roberts Rehabilitation Center ($16.8m), Southern New Jersey Perinatal Cooperative ($16.8m) and Newport County Community Mental Health Center Inc ($16.8m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $190k (1.2% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $38.0m against liabilities of $4.8m, net assets of $33.2m. It reported 38 employees.