Mejor Via Foundation

Analysis

Mejor Via Foundation is a registered charity in United States, based in Brunswick, OH. It received its IRS tax-exemption ruling in June 2022, 4 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, Mejor Via Foundation reported income of $1.3m and spending of $902k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $362k to $1.3m (+253%), an average of +88% a year. The sharpest change came in the year to December 2023, when income rose by 105%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mejor Via Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Lincroft Center for Children-Tlc ($1.3m), A Little Help ($1.3m) and Main Street Closet ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $71k. At year end it held assets of $695k against liabilities of $3,798, net assets of $691k. It reported 21 employees.