MVP Education Fund

Analysis

MVP Education Fund is a registered charity in United States, based in Carbondale, CO. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, MVP Education Fund reported income of $220k and spending of $219k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $200k to $220k (+9.8%), an average of +3.1% a year. The sharpest change came in the year to December 2022, when income rose by 348%. Over the whole period it spent 71% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, MVP Education Fund sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include R I Hospitality Education Foundation ($220k), Makersmiths Inc ($220k) and Black Achievement Fund Inc ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $83k (38% of expenses). Other salaries and wages came to $48k. At year end it held assets of $102k against liabilities of -$781, net assets of $103k. It reported 1 employees.