MLT Foundation

Analysis

MLT Foundation is a registered charity in United States, based in Cameron Park, CA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, MLT Foundation reported income of $71k and spending of $46k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $71k (+2.7%), an average of +2.7% a year. Over the whole period it spent 52% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, MLT Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Finger Lakes Toy Library Inc ($71k), Savvy Giving by Design Inc ($71k) and Caregiver Connect Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.