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Motley Fool Foundation

RegisteredEIN 84-1970428Alexandria, VAPoverty relief
Income$652k2023-09
Spending$2.4msame year
Spent / received34%4-year average
Size in its cause69th pctPoverty relief
Exempt since2020Publicly supported organisat
Employees0latest return

Analysis

Motley Fool Foundation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in February 2020, 6 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 September 2023, Motley Fool Foundation reported income of $652k and spending of $2.4m, spending 375% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income fell from $1.0m to $652k (-35%), an average of -13% a year. The sharpest change came in the year to September 2022, when income rose by 892%. Over the whole period it spent 34% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Motley Fool Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within VA. Charities of a similar size with the same main cause include KC Farm School Inc ($652k), Niles Foundation ($652k) and Milton Community Food Pantry ($652k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 52% of the total. Compensation of current officers, directors and key employees was $802k (33% of expenses). Other salaries and wages came to $51k. At year end it held assets of $12.3m against liabilities of $112k, net assets of $12.2m.

Income and spending

$0$4.0m$7.9m$11.9m$15.8m2020 Income: $1,005,2252020 Spending: $344,48520202021 Income: $1,593,9662021 Spending: $1,038,47520212022 Income: $15,812,3962022 Spending: $2,566,03720222023 Income: $652,3992023 Spending: $2,449,0532023
IncomeSpending

Where the income comes from

  • Contributions & grants 52%
  • Other 48%

Similar-sized charities, same cause

CharityLocationIncome
KC Farm School IncKansas City$652k
Niles FoundationCulver City$652k
Milton Community Food PantryMilton$652k
Central Outreach and Advocacy Center IncAtlanta$653k