MVCS Foundation Inc

Analysis

MVCS Foundation Inc is a registered charity in United States, based in White Riv JCT, VT. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, MVCS Foundation Inc reported income of $81k and spending of $25k, leaving 69% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $70k to $81k (+17%), an average of +5.4% a year. The sharpest change came in the year to December 2023, when income rose by 1680%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, MVCS Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 22nd percentile within VT. Charities of a similar size with the same main cause include Organizacion de Ex Alumnos Aps Inc ($81k), Warrensburg PTO ($81k) and Fireside Elementary School PTO ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 32% of the total. At year end it held assets of $418k against liabilities of $0, net assets of $418k.