Meg Foundation

Analysis

Meg Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Meg Foundation reported income of $348k and spending of $203k, leaving 42% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $234k to $348k (+49%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 145%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Meg Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within CO. Charities of a similar size with the same main cause include Hudson Institute of Mineralogy ($348k), Autism Project ($348k) and Warrenton Pregnancy Center ($348k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $36k. At year end it held assets of $186k against liabilities of $0, net assets of $186k. It reported 2 employees.