Motley Fool Foundation
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
Where the income comes from
- Contributions & grants 52%
- Other 48%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| KC Farm School Inc | Kansas City | $652k |
| Niles Foundation | Culver City | $652k |
| Milton Community Food Pantry | Milton | $652k |
| Central Outreach and Advocacy Center Inc | Atlanta | $653k |