Foundation M E G a

Analysis

Foundation M E G a is a registered charity in United States, based in Pittsburg, CA. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Foundation M E G a reported income of $110k and spending of $65k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $110k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 72% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Foundation M E G a sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Hutchinson County Junior Livestock Association Inc ($110k), Reins of Rhythm Riding & Horsemanship Inc ($110k) and Ifly Youth Incorporated ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 155% of the total. At year end it held assets of $13k against liabilities of $562, net assets of $12k.