Mason Forever Foundation Inc

Analysis

Mason Forever Foundation Inc is a registered charity in United States, based in North Tonawanda, NY. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mason Forever Foundation Inc reported income of $108k and spending of $30k, leaving 72% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $26k to $108k (+315%), an average of +315% a year. The sharpest change came in the year to December 2023, when income rose by 315%. Over the whole period it spent 33% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mason Forever Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Royal Oak Youth Assistance Program ($107k), Lancaster Athletic Booster Club ($108k) and Feed the Lambs Enrichment Program Inc ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.