Micronutrient Forum
Analysis
Micronutrient Forum is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Micronutrient Forum reported income of $5.3m and spending of $5.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $672k to $5.3m (+682%), an average of +67% a year. The sharpest change came in the year to December 2020, when income rose by 136%. Over the whole period it spent 101% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Micronutrient Forum sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 80th percentile within DC. Charities of a similar size with the same main cause include Opportunity Scholarship Fund ($5.3m), Summit Middle Charter School Inc ($5.3m) and Alpha Phi Foundation Inc ($5.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $467k (8.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.4m against liabilities of $3.3m, net assets of $8,477. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 79%
- Program services 21%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Opportunity Scholarship Fund | Tulsa | $5.3m |
| Summit Middle Charter School Inc | Boulder | $5.3m |
| Alpha Phi Foundation Inc | Denver | $5.3m |
| Lindsay Lane Christian Academy | Athens | $5.3m |