Metropolitan Mayors Caucus Foundation

Analysis

Metropolitan Mayors Caucus Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 August 2023, Metropolitan Mayors Caucus Foundation reported income of $110k and spending of $110k, spending 100% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $72k to $110k (+53%), an average of +53% a year. The sharpest change came in the year to August 2023, when income rose by 53%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Metropolitan Mayors Caucus Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within IL. Charities of a similar size with the same main cause include Plumas District Hospital Volunteers Inc ($110k), Love Justice ($110k) and RCHS Football Booster Club ($110k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.