Len Mattiace Foundation Inc

Analysis

Len Mattiace Foundation Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in March 2022, 4 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, Len Mattiace Foundation Inc reported income of $93k and spending of $83k, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $105k to $93k (-12%), an average of -4.1% a year. The sharpest change came in the year to December 2022, when income rose by 81%. Over the whole period it spent 107% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Len Mattiace Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Rocky Mountain Best ($92k), Faatasi Youth Services Inc ($93k) and Regents of the University of Minnesota ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.